Shell AGM disrupted by protests as investors reject new emissions targets

1 year ago 52

Bosses defend oil company against accusations it is not switching away from fossil fuels quickly enough

Shell’s annual shareholder meeting in London descended into chaos with more than an hour of climate protests delaying the start of a meeting in which investors in the oil company rejected new targets for carbon emissions cuts.

The FTSE 100 oil company faced a shareholder vote backed by big pension funds and investors to set carbon emission reduction targets for 2030, while dozens of protesters called for an immediate end to fossil fuel production.

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