Shell launches $300m forest plan to offset carbon emissions


Several publications report that Shell is launching a $300m forestry programme in an attempt to reduce its greenhouse gas emissions. The Financial Times reports that the energy firm will invest the money over three years in various carbon offsetting schemes, including large forests in the Netherlands and Spain, and will “start offering motorists the option of purchasing carbon offsets when they buy petrol or diesel at the pump”. …

An excerpt from Carbon Brief