Shell’s global climate and energy transition policy positions
The world needs urgent action to achieve net-zero emissions and the more ambitious goal of the Paris Agreement: to limit the rise in average global temperature to 1.5° Celsius.
Shell’s target is to become a net-zero emissions energy business by 2050, in step with society’s progress in achieving the goal of the Paris Agreement. We are transforming our business to meet our target, providing more low-carbon energy, and working with our customers and others as they make changes, sector by sector. This includes supporting government policies that will help the world to achieve net-zero emissions by 2050.
We have updated our global policy positions on climate and energy transition to be in line with our Powering Progress strategy. By advocating these positions as we transform our business, we believe we are supporting the energy transition and the Paris Agreement.
Our policy positions on climate and energy transition serve as a global framework for Shell’s advocacy with governments, international organisations, industry associations, coalitions, and other stakeholders globally, regionally and within countries. They are an important part of our drive to provide greater transparency around our climate advocacy, and to meet expectations of institutional investors, non-governmental organisations and wider society.
We will also use these policy positions as the basis of future assessments of our memberships of industry associations.
Our policy positions reflect our belief that the world needs to rapidly decarbonise each of the key sectors that contribute to global emissions. This will take ambitious action at all levels of government, and by industry and consumers around the world. Our positions also reflect the need to ensure that the economic and social benefits of the energy transition are inclusive and distributed in a fair way.
Where there are clear, commercial pathways to decarbonisation, we are calling for policies that drive urgent investment by the public and private sectors. For example, we advocate government policies that accelerate renewable power generation, and end unabated coal-fired power generation by 2040 where feasible.
In sectors that are harder to decarbonise, such as aviation, shipping, heavy industry and commercial road transport, governments need to help drive the transition to low- and zero-carbon energy. In these sectors we are calling for policies that create commercial markets for fuels such as sustainable aviation fuel, hydrogen and advanced biofuels.
We recognise that the pace of change will be different around the world. For example, we believe that in the majority of developed countries, with the right policy frameworks in place, the transition to the widespread adoption of zero-emission vehicles, and the phase out of sales of new internal combustion engine vehicles, should happen in the 2030s.
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Here are examples of the positions we have taken in the climate debate around the world.
Read more about Shell’s policy positions for sustainable aviation fuel