Shell Sets Net-Zero Target for 2050, Emphasizing Power and Renewables

Good News Notes: “Shell on Thursday announced a net-zero emissions target for 2050, becoming the second major European oil company after BP to embrace such a goal. An expanded power business will make the biggest contribution to the shift but renewables investment will play a major role. The British-Dutch firm will also target ‘Scope 3’ emissions, which encompass the end…