carbon-emissions

Since March, 2007, the bank has taken on a $20 billion initiative to “encourage environmentally friendly business activity” over the next decade. Applauded by some and criticized by others, just how green is this bank?

Some 230 gigatons of carbon dioxide emissions can be avoided between now and 2050 - bringing atmospheric CO2 concentrations down 20 parts per million - if carbon capture and storage (CCS) development is pursued aggressively and put into use, according to Shell International’s Unconventional and Enhanced Oil Recovery team.