Weaker targets.

Shell weakened a 2030 carbon reduction target and scrapped a "perilous" 2035 objective, citing expectations for strong gas demand and uncertainty in the energy transition, Reuters reported.

This follows a similar move by BP. Yes, it may all be about the money and profit for companies, but this is certainly bad news for the climate.

Anca heashot

Anca Gurzu

Chief Europe Correspondent