⏬ For the first time, oil-and-gas giant Shell, has admitted a 1.5C climate goal would mean an immediate end to fossil fuel growth, according to new Carbon Brief analysis.
🛑 While Shell’s new scenarios are more closely aligned with the conclusions of independent research, its 1.5C pathway still contains relatively high levels of ongoing fossil fuel use.
🛢️Shell had previously claimed that oil and gas production could rise for another decade, even as warming was limited to 1.5C.
🎯 The admission that continued growth in fossil fuel output is incompatible with 1.5C is significant, because it comes from one of the world’s biggest public oil and gas companies.
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