Shell Sees No Risk Of 'Stranded Assets' As Reserves Life Shrinks



Shell Sees No Risk Of 'Stranded Assets' As Reserves Life Shrinks
Royal Dutch Shell says it sees little risk of having 'stranded assets' in its portfolio as the world shifts to low carbon energy.

Shell has previously announced ambition to reduce net carbon footprint of the energy products it sells by around half by 2050.

The plan is fairly unique for the industry as it covers not only emissions from the production of energy products, but also those from the consumption of Shell's products by its customers.

(Reporting by Dmitry Zhdannikov, editing by David Evans)


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