Category: Shell

Shell must clean up pollution before it leaves Niger delta, report says

Firm told it must take responsibility for toxic legacy of pollution and safe decommissioning of abandoned oil infrastructureThe oil firm Shell cannot be allowed to withdraw from the Niger delta before it takes responsibility for...

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Greedflation: corporate profiteering ‘significantly’ boosted global prices, study shows

Multinationals in particular hiked prices far above rise in costs to deliver an outsize impact on cost of living crisis, report concludesProfiteering has played a significant role in boosting inflation during 2022, according to...

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Ed Miliband urges PM to close ‘Swiss cheese’ holes in windfall tax on energy firms

Shadow net zero secretary attacks Sunak’s ‘perverse’ policy as Shell and British Gas report soaring profitsBusiness live – latest updatesRishi Sunak has been urged to close the holes in his “Swiss...

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University investment funds urge ‘bold action’ to stop new fossil fuel projects

Asset managers told they have key role to play on climate crisis in open letter before Shell’s annual meetingA coalition of university investment funds has called on institutional investors to rebel against the boards of...

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Labour calls for energy firms to pay more tax on £60m-a-day profits

Party wants greater taxation on North Sea profits to fund freeze on council tax for cash-strapped UK householdsAnalysis: does UK need to drill for more North Sea oil and gas?Energy companies are making £60m in profits a...

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Revealed: more than 90% of rainforest carbon offsets by biggest provider are worthless, analysis shows

Investigation into Verra carbon standard finds most are ‘phantom credits’ and may worsen global heating‘Nowhere else to go’: Alto Mayo, Peru, at centre of conservation rowGreenwashing or a net zero...

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HS2 could face review as Tories look to plug budget, says Michael Gove

Liz Truss’s investment zones also suggested as likely savings target, amid reports energy windfall tax will be extended“Everything will be reviewed” as the government considers ways to cut spending and plug a...

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Windfall tax increase and HS2 under review as Tories look to plug budget

Liz Truss’s investment zones could be scrapped and plans to reform social care may be delayed to cut spending“Everything will be reviewed” as the government looks for ways to cut spending and plug a budget...

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