CERAWeek . “Over time, this net carbon footprint ambition will transform our company’s product mix,” van Beurden said. The company’s targets aim to lower emissions from its own operations and the burning of fossil fuels by its customers. Shell will also begin selling energy from its wind farms to offset the carbon output of its hydrocarbon business, the CEO said. Another initiative will charge customers at Shell fueling stations between 1 to 2 cents for a tree planting program around the world. Gas production still produces sizeable amounts of methane, a particularly potent greenhouse gas contributing to rising global temperatures. The process of producing natural gas will also need to be made environmentally friendly for Shell’s transformation project to have its intended effects on the climate. Shell is currently the world’s top liquefied natural gas trader, producing 3.7 million barrels of oil equivalent a day—half of which is natural […]