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Shell's carbon emissions drop in 2019 to four-year low

Wed, 08th Apr 2020 15:58

* Shell's flaring in 2019 rises 13.5%

* Net carbon footprint declines for first time since 2016

* GRAPHIC: Shell's carbon emissions https://reut.rs/2yBZtzd

By Ron Bousso

LONDON, April 8 (Reuters) - Royal Dutch Shell's
greenhouse gas emissions declined in 2019 to their lowest in
four years, according to data provided by the energy company.

At the same time, burning of unused natural gas in Shell's
upstream oil and gas operations, a process known as flaring,
rose last year by 13.5%, the data showed.

The increase in flaring was due mostly to an "unanticipated
spike" in flaring during the start-up of the giant offshore
Prelude liquefied natural gas plant in Australia, it said.

The Anglo-Dutch energy company has laid out an ambition to
halve the carbon intensity of energy products it sells by 2050
from their 2016 levels.

Earlier this year, Shell also set short-term targets to
reduce its carbon footprint by 3% to 4% from 2016.

Shell's net carbon footprint, a ratio of greenhouse gas
emissions to the combined energy of products sold, declined by
around 1% in 2019 from the previous year, in what was also the
first drop since 2016.

"We will continue to evolve our approach over time," Chief
Executive Officer Ben van Beurden said in the company's
sustainability report, released on Tuesday.

An unprecedented drop in demand for transportation fuels
following the outbreak of the coronavirus this year could lead
to the biggest drop in carbon emissions since World War Two,
scientists said.

FACTBOX: Big Oil's climate targets vary widely

(Reporting by Ron Bousso; Editing by Giles Elgood)

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