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Shell to offset carbon emissions with reforestation and EV projects

09/04/2019
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Global energy giant Shell has announced it will offset the carbon emissions generated when customers use its products by investing over $300 million in reforestation and electric vehicle charging projects over the next three years.

The programme will contribute to Shell’s three-year target, beginning in 2019, to reduce its Net Carbon Footprint by 2% - 3%.
In the Netherlands alone Shell plans to plant over 5 million trees to 'capture carbon'.

Reforestation


A major focus of Shell’s $300m investment will be on forests, wetlands and other natural ecosystems around the world to ‘capture’ CO2 and benefit biodiversity and local communities.

One of the first such reforestation projects will take place in the Netherlands, where Shell in collaboration with the Dutch state forestry service, will plant more than 5 million trees over the next 12 years. 

Shell has also signed a deal with Land Life Company to create a 300-hectare reforestation project in Spain. Around 300,000 trees will be planted in the Castilla y Leon region by the end of 2019. 

In addition, Shell has established an 800-hectare endangered native forest regeneration project in Queensland, Australia. In Malaysia, Shell and the Sarawak state government are jointly studying the potential for a nature conservation, restoration and enhancement venture for Sarawak’s natural landscape.

“We welcome Shell’s investment in high quality nature-based solutions to address climate change and rebuild critical ecosystems,” said Jurriaan Ruys, CEO of Land Life Company. “Combined with a technology-driven approach, reforestation can now be achieved and optimised at scale, maximising the impact of this investment”.
Shell customers will soon be able to 'drive carbon neutral' thanks to the company's new filling scheme linked to carbon credits.

Carbon-neutral driving


In an attempt to reduce the carbon emissions of its customers Shell is also making a wider range of transport solutions available. As part of this week’s announcement Shell is stepping up its investments in lower-carbon options, from battery electric vehicle charging to liquefied natural gas and hydrogen. For example, in Europe, customers can now access 100,000 electric vehicle charging points through New Motion, a Shell company.

Shell has also announced that it will be investing in 200 new rapid electric vehicle charge-points, powered by renewable energy, on its forecourts in the Netherlands, on top of 500 ultra-fast chargers being installed in Shell forecourts across Europe.

If you drive a fossil-fuel powered vehicle you won’t be left out!

From April 17th, customers who fill up at a Shell service station in the Netherlands will be able to ‘drive carbon neutral’ through the use of nature-based carbon credits. This will be done at no extra cost for customers who choose Shell V-Power petrol or diesel, whilst those drivers who fill up with regular Shell petrol or diesel will be able to participate by paying an additional 1 cent a litre. 

It’s expected that this ‘drive carbon neutral’ scheme will be rolled out to other European countries throughout the remainder of 2019.

CO2 emissions generated by participating motorists- as well as from the extraction, refining and distribution of the fuel- will be offset by carbon credits. As one of the most established traders of carbon credits in the world, Shell buys these credits from a global portfolio of nature-based projects, including Cordillera Azul Park Project in Peru, Katingan Peatland Restoration and Conservation Project in Indonesia and GreenTrees Reforestation Project in the USA. Each carbon credit is subject to a third-party verification process and represents the avoidance or removal of 1 tonne of CO2.

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Shell to offset carbon emissions with reforestation and EV projects - Time to read 3 min
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