Shell has weakened some of its climate targets to accommodate its plans to keep growing its giant gas business, even as it pushes to cut emissions to net zero by 2050. In the first three-year review of its energy transition plan, launched in 2021, the energy major said the net carbon intensity of its products would fall more slowly than previously planned. Rather than a commitment to cut the absolute emissions generated by burning fossil fuels, carbon intensity is an accounting treatment that allows Shell to offset the carbon produced by its oil and gas business against its growing sales of lower-carbon products. Click here to read the full article