Shell on Thursday watered down key targets on cutting carbon emissions, sparking anger from climate campaigners. UK oil and gas giant Shell on Thursday watered down key targets on cutting carbon emissions, sparking anger from climate campaigners, but kept its pledge for net zero by 2050. Shell said it had diluted climate targets, including on "net carbon intensity", a measurement of emissions produced by each unit of energy sold by Shell. The group said net carbon intensity would be cut 15-20% by 2030 compared to 2016 levels. "Shell backtracks on climate targets," said environmental activist shareholders' group Follow This.
