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Shell pledges to halve emissions by 2030 as it reports lower profits
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Royal Dutch Shell has set out a target to halve its emissions by the end of the decade as it revealed worse-than-expected profits for the third quarter despite a global surge in oil and gas markets.
The Anglo-Dutch group, which announced a profit of $4.13bn (£3bn) for the last quarter, is under pressure to continue paying out hefty shareholder dividends from its fossil fuel business while cutting its total greenhouse gas output in line with tougher climate standards among many of its investors.
However, its new climate target falls short of including the bulk of the emissions from the oil and gas it produces and is unlikely to satisfy green campaigners who have called on Shell to urgently reduce its total global heating impact.
The
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