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Shell announces plans to meet 2050 Zero Emissions target

By Nneka Nwogwugwu

The Shell Petroleum Development Company of Nigeria Limited has announced plans to meet the 2050 net zero emissions target set by the United Nations.

The Chairman, Shell Companies in Nigeria, Mr Osagie Okunbor said this at the ongoing 20th Nigerian Oil and Gas Conference in Abuja, NOG2021.

Okunbor said that Shell was aggressively investing in renewables, alternative sources of energy and gas as the transition energy.

“We are committed to the net zero emissions by 2050. We are doing that aggressively in terms of renewables and alternative sources of energy.

“We are a firm believer in gas as the transition energy, which explains our investments in Nigeria LNG.

“We are looking at solar energy, gas and we are deliberate about reducing our carbon footprint.

“44 percent of what goes into the TNP disappears and it’s not only a lost to Shell, but to the country.

“This country bleeds. So it will be a good thing if we can get a PIB that will put a sort of responsibility on the host communities,” he said.

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