Shell’s lack of expenditure on green energy projects calls oil companies’ commitments to combat climate change into question Takeover blow impacted on Royal Dutch Shell’s green energy targetsShell was dealt a major blow in its plans to invest in clean energy projects in 2019, when it failed in its attempts to buy Dutch utility company Eneco.The Rotterdam-based firm has an extensive renewable energy portfolio, which would have boosted Shell’s spending figures towards its target.It would have added to the company’s previous acquisitions of UK energy supplier First Utility, French renewable energy developer, Eolfi, and its 49% stake in Australian solar company ESCO Pacific.But Japanese multinational firm Mitsubishi put a spanner in the works when it sealed a $4.1bn deal for Eneco in November last year.Despite this setback and Shell currently not being on course to hit its green energy targets, the company has said it is aiming to spend between $2bn and $3bn as part of its new energies division each year from 2021 to 2025. How much has Royal Dutch Shell invested in its green energy targets?The green energy targets set out by Shell are among the most ambitious in the oil industry.Its New Energies strategy covers several areas including electricity, wind and solar, electric vehicle charging, and initiatives to encourage the adoption of hydrogen fuel cell electric vehicles.But despite the oil major’s appetite to invest in new technologies, only 10% of its spending pot has been distributed to the strategy.Since laying out the plans in 2016, Shell spent a reported $2bn on the construction of a low-carbon energy and electricity generation business in the same year — ensuring it was on course to meet its targets.Shell has spent 10% of its overall spending on its new energies strategy (Credit Raysonho)In 2017, the firm informed investors it would spend between $1bn and $2bn annually on developing a clean energy business until the end of 2020, an increase on previous plans to spend up to $1bn a year across the same time frame.But the firm is believed to be considerably short of its green investment targets, having so far met about a third of its $6bn goal.In that same time frame, The Guardian says Shell has spent more than $120bn on developing fossil fuel projects, despite global efforts to reduce the use of such high-polluting sources.Data from Norway-based consultancy firm Rystad Energy shows Europe’s five biggest oil companies – Shell, Total, BP, Eni, and Equinor – have so far spent a combined total of $5.5bn on renewable energy projects.Last year alone, their combined total budget was $90bn — raising further questions around the major firms’ commitment to combating climate change.Greenpeace Netherlands’ climate and energy campaigner, Kees Kodde, claims the latest developments “show that Shell is not changing in any meaningful way”.“Contrary to what is needed to stop the climate emergency, Shell is planning to increase its production of oil and gas by 38% by 2030,” he added.“It is investing most of its money in countries that are turning away from the Paris Agreement, like the US and Brazil.“Greenpeace and other NGOs are taking Shell to court. We filed the summons in April 2019 and we expect the first hearing in the case in 2020.“As long as governments remain unable to steer oil companies in a sustainable direction, we hope the courts will.” Its fourth quarter update announcement adds to the roughly $18bn in writedowns that Shell has already disclosed this year (Credit: Royal Dutch Shell) Royal Dutch Shell is at risk of falling short on its plans to invest in green energy projects by the end of 2020, according to reports.The slow progress being made by the British-Dutch oil and gas major is likely to raise questions as to whether companies in the industry are acting quickly enough to combat increasing climate concerns.Shell’s investment target for green energy projects was set at between $4bn and $6bn between 2016 and the end of 2020 — but with less than a year to go, The Guardian says the sum is “well below” those figures. Royal Dutch Shell’s commitments to cutting carbon emissionsAlthough the oil giant’s green energy projects are currently stalling, last year the firm announced plans to halve its net carbon footprint by 2050.Before then, the company is aiming for a 20% reduction by 2035 compared with its 2016 level as it seeks to show investors its intentions of staying in line with the spirit and ambitions of 2015’s Paris Agreement.One way in which Shell plans to reduce its greenhouse gas emissions is by using carbon capture and storage (CCS) technology, which collects and holds CO2 deep underground, therefore preventing it from polluting the atmosphere.It is also in the midst of working with its partners to discover ways of using the stored CO2 once it has been captured, and claims CCS technology will be pivotal to the global climate response.
This video by Dean S. Potter caused a lot of buzz — and ensuing controversy — when it was released onto the Internets this week.When Dogs Fly: World’s First Wingsuit BASE Jumping Dog from Dean S. Potter on Vimeo.On a lighter note, here’s a short clip on Washington’s boutique Dry Fly Distillery…And, a rare beaching of dozens of dolphins in Brazil and beachgoers come to their rescue:
After guiding his side to a very impressive 4-0 thrashing of Cameroon, Technical Adviser of the Super Eagles Gernot Rohr has cautioned that more work need to be done for Nigeria to be in Russia for the 2018 World Cup.Nigeria moved up to 9points, 7 above second-placed Cameroon in Group B of the World Cup qualifiers, after goals from Odion Ighalo, Mikel Obi, Victor Moses and Kelechi Iheanacho helped them to a convincing win against the African Champions.Speaking in a post-match press conference, the Franco-German tactician, however, hailed the performance of his team and the tactics he deployed.“Today (Friday), we saw a game that we wanted to play. We had a plan to win this game; against a very good team-Champions of Africa,” Rohr said.“They (Cameroon) wanted to win and we knew there was a possibility for us to play counter-attacks; what they do normally. They were coming with four players forward, and we had a very good defensive organization. That was the base of this victory.“The offensive animation was very intelligent. With our quick wingers, we gave them a lot of difficulties.The win gives Nigeria a huge advantage in their bid to qualify for a 6th World Cup, and Rohr says the 3-time African Champions need at least two more points to realize that dream.“We shouldn’t forget that it is not finished yet because we have only 9points, we need at least 11(points), I think.“So let’s take another one or three points, if possible, in three days.”Cameroon will host Nigeria in the reverse fixture in Yaounde on Monday, 4 September.The other two teams in Group B; Zambia and Algeria (who have a point apiece), clash on Saturday.Audio Playerhttps://www.busybuddiesng.com/wp-content/uploads/2017/09/Rohr-September-2.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.RelatedAUDIO: Selection Headache For Rohr As Fully Fit Eagles Train in UyoAugust 29, 2017In “National Team”INSIDE AFCON 2019: Rohr Calls Nigeria Underdogs Ahead of Cameroon Clash (AUDIO)July 5, 2019In “AFCON”INSIDE AFCON 2019: Rohr Cautions Players Against Individual Errors Ahead of Cameroon ClashJuly 5, 2019In “AFCON”
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Thank you for your input. +2 Vote up Vote down LiveWell · 268 weeks ago I know this is beating a dead horse, but seems the city wouldn’t still be $800k in the hole after cutting 5% in each department if we hadn’t given the hospital EIGHT HUNDRED THOUSAND DOLLARS last year!!!!!! And what repair on an ambulance costs more than its worth? Just offer one of our local shops free electricity like we do the hospital and maybe we can actually get some return out of that investment. Report Reply 0 replies · active 268 weeks ago +8 Vote up Vote down Dead Broke · 268 weeks ago Wow….are you kidding me a new water plant is needed, phone system and an ambulance? Did anyone one of these department heads start budgeting for these items? This is where the problem lies with the City no long term budgeting! Budgeting for a new water treatment plant should have began as soon as the new one was finished knowing it was going to need to be replaced 20 years later. You come at me with a tax increase for this water plant and I can assure you I will relocate my family to another town. Fix the phone system and budget for a new one! Ambulance replacement well I want a ride to the hospital so fix the aging one put it on reserve use and budget for a new one. I for one think there needs to be a county wide EMS system. Wellington is already responding to 75% of the county calls so lets start getting money from other cities and towns in the county to pay for a county wide EMS system. Or subcontract EMS services out to another company such as Miller EMS. This is just stupid nuts!!! Report Reply 3 replies · active 267 weeks ago -3 Vote up Vote down wheat · 268 weeks ago if all city employees took a 6% pay cut from the city manager to the part time employees, how much $ would the city save in 2016. SRMC Employees took the same 6% pay cut a few years ago so no one would lose their jobs. I think it would be very symbolic and positive gesture for mayor and city council to no longer accept a salary from city. Report Reply 2 replies · active 267 weeks ago -2 Vote up Vote down concerned aunt · 268 weeks ago I can see a lot of places that the city can starting with the park,street,electric and the city offices. It is not only myself that can see employees standing around visiting or it takes up to three trucks to fix a little pot hole! Why are they picking on the citizens of Wellington. I have heard that if you are late on your light and water bill then they are going to have you pay 150.00 deposit plus pay your bill before turning everything back on. Now if you can’t pay your bill on time how could someone come up with 150.00 deposit?? Just saying I have heard this around town. Yes if things get any worse here I will be forced to move to another town. Report Reply 0 replies · active 268 weeks ago +1 Vote up Vote down JustMe · 268 weeks ago I would comment, but I believe LiveWell and Dead Broke got all the bases covered. Report Reply 2 replies · active 267 weeks ago -5 Vote up Vote down Home Town Boy · 268 weeks ago Drop the City PD and let the sheriffs dept handle all the work load. Report Reply 1 reply · active 268 weeks ago +10 Vote up Vote down resident2014 85p · 268 weeks ago We have been told that Mr. Eckert is an experienced Administrator. Our City Council chose him based on his resume and experience. He needs to do his job as an experienced Administrator and review all department staffing and responsibilities based on City needs. A study or review of this type has been recommended by Kelly Green during Town Hall Meetings . Each department should justify their employee head count and equipment inventory to Mr. Eckert. With his experience and advisement he should be recommending to the City Council what cuts are appropriate. Facts and data will support staffing requirements or cuts. Some departments may not be able to cut any staff, while others may be able to cut 20% or more. An across the board 5% cut seems like the easy way out. We need facts and data to to make the best decisions. Regarding the ambulance: Advances in technology and lubricants reflect that obtaining 100,000 miles on a vehicle does not mean it is worn out. Most of us are learning to make do with less and live on a budget. The City and Council must understand a concept “most” taxpayers have learned = live within our means. Let’s not allow our fine city to continue to even consider “Option 3” (bankruptcy). This is my home. I want to continue to “Live Well, Live Wellington”. Report Reply 1 reply · active 267 weeks ago +6 Vote up Vote down Hmmm….. · 268 weeks ago Everything can’t be the hospitals fault. It’s clear the city is failing in just about every area. Mismanaged for too long. The hospital did not have any income coming in for over a year with the former billing group. As I hear it the new system has billed over a million dollars since January. They are gaining ground. The Hospital did not however cause the “major water ,sewer, and road issues”. These I believe are a sign of how the city has failed. It is not as if the ambulances don’t have to be replaced on a regular basis. These are things that should have been though about and budgeted for. As I see it the hospital is a big scape goat for everyone else to ride on so their shortcomings are not so bold. Yes there still need to be cuts, but I ask you this, are you willing to cut employees at the city level? NO ONE wants to see jobs leave Wellington. The city workers can go without a raise for a year or even two, they have gotten a cost of living raise every year. I’m not saying that the hospital doesn’t still have some room to improve, obviously it does. The above comments by SHUT HER DOWN are unacceptable and if even a tenth of them are true, there clearly needs to be some change. your comments on the fire/ems getting more staff and bigger building are just a little crazy. You do realize that they cant even handle the traffic Wellington and surrounding areas have now don’t you!? That is not a problems you can solve over night so don’t be to hasty or you just might find yourselves in need of help with no one to call….. Report Reply 1 reply · active 267 weeks ago +4 Vote up Vote down SuCoPride · 268 weeks ago This is a problem that won’t go away. Wellington is an old city, with an old infrastructure. I can understand the cries regarding poor planning, and better savings, but how can a City with declining population, smaller tax values, and lesser employment opportunities, possibly budget to cash finance projects in the millions of dollars, probably tens of millions? At some point, the Council is going to have to make the very uncomfortable decision of raising the property tax level to fund some of these projects. They don’t go away, they only get more expensive. In the meantime, it might be wise to investigate the possibility of a Public-Private Partnership for the City’s Utility Services. Most won’t admit it, but owning your own utilities is a fairly valuable bargaining chip, and there are companies that might be interested in purchasing those utilities and taking on the maintenance responsibilities in exchange for the revenue generated by the customer base. Google Utility PPP to learn how other Cities have done just that. I think consideration should be given to merging our police/emergency response teams with the County. Allow for a county wide tax entity that will spread those costs throughout the entire County population, and also allow Casino revenues to help offset. This won’t be a popular decision, because the WPD has a long and valuable history with the City, but revenues are not getting better. Finally, the City MUST explore the opportunities to sell the Hospital facility to a larger hospital group. It’s become very, very, clear that we can’t keep them solvent on our own, the burden is simply too high. If there is a market out there for rural hospitals, then we need to take advantage while we still can. We can’t lose the hospital in my opinion, but we can’t be the only one’s feeding it any longer. Report Reply 5 replies · active 267 weeks ago +12 Vote up Vote down CJC · 268 weeks ago Wellington City Council Roundup is one of the most entertaining things ever. Every time you post a new one Cue, i go grab a drink and some popcorn sit down and read the comments. By far the most entertaining media I can find. Report Reply 0 replies · active 268 weeks ago 12Next » Post a new comment Enter text right here! 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Tweet this comment Cancel Submit Comment Subscribe to None Replies All new comments by James Jordan, Sumner Newscow â€” The Wellington City Council is looking for ways to trim $1.3 million from its budget for the upcoming year. The council members talked about ways to trim the fat at a work session Tuesday night.Wellington City Manager Roy Eckert said he has asked all departments to trim five percent, but even that isn’t enough to make up the deficit caused from the city utility reserve fund.Â With five percent trimmed off, the city is projected to still be $800,000 in the hole.In a work session earlier this year, was recently announced that the city had been taking money out of utility funds and usingÂ it in the general fund to avoid raising taxes. That has depleted reserves, and city officials believe they must re-establish those reserves.Eckert said there might be some reorganization and reassignment of duties as the city trims.“This is not going to be pain free for anyone,” he said.Some contingency money is also usually budgeted, but that has been taken out of the 2016 budget.Eckert said they are not yet considering any cuts to the current budget year, but that still could happen. Wellington City Clerk Shane Shields said some money could still be transferred from utilities, but not the amounts that have been done previously.The councilâ€™s goal is to have a 15 percent cut in the budgetÂ in reserve. They did not have that in 2015 and may not again in 2016. Council members agreed that even though they could not have a reserve, they need to have it in case there is an emergency or disaster.The council talked about eliminating overtime and not having raises for employees.A tax increase was also briefly mentioned, but with recent increases in utility rates, the council is hoping to avoid a tax increase.Complicating matters is the hospital. The revenue and expense figures are based on the idea of the hospital paying its utility bills, which it has not done this year. The city also gave the hospital about $800.000 last year. Aging infrastructure such as water lines and a water plant were also discussed.Water lines are aging and some are too small to handle the volume needed for water demands. “We have major street, water and sewer issues,â€ Eckert said. â€œThings are falling apart. We are going to have to address these issues.â€The council will have another work session next Tuesday, and continue work until a budget is passed in August.Other itemsThe council is considering a cooler at the lake to sell food items from. Wellington Director of Public Works Jeremy Jones said many other lakes are making significant amount of money selling basic goods and Wellington could do the same.Â The cooler was approved for the 2015 budget, but may be held off until next year.â€¢â€¢â€¢â€¢â€¢Replacing ambulancesAt least one ambulance has more than 100,000 miles, said Tim Hay, Wellington Fire and EMS Chief. Maintenance costs are rising and at some point the city is spending more on repairs than what the vehicle is worth. It was also noted that if the hospital did close, the current fleet of three ambulances would not be enough to carry the load.â€¢â€¢â€¢â€¢â€¢New phone systemThe police and fire departments need a new phone system. The current one is 15 years old and has failed at times.Wellington Police Chief Tracy Heath also talked about adding body cameras for his officers. He already has cameras in vehicles, but a body camera on an officer would give the view the officer has in any situation. He has applied for a grant for both, and will find out in October if the local department will get funding.Â If the department does not win the grant, Heath said he would be coming to the council for the equipment.â€¢â€¢â€¢â€¢â€¢City water needsThe city’s water plant needs $600,000 in repairs. The facility is 20 years old and should be replaced but a new one would cost $15-20 million.Follow us on Twitter.