Shell made 40 billion in profits in 2022. 100 million is one quarter of one percent of that. That’s what they couldn’t spare to even look like they were trying to help the environment. The things that should be done to these executives would probably get me banned from Lemmy if I said. Fuck these villainous asshats with broken glass.
To them it’s all about the money. They don’t give a shit about us, the ignorant moronic cunts. They should be offsetting all carbon emissions they ever created, but instead we have this flimsy corporate bullshit.
CO2 “offsets” have always been bullshit green washing. The only way to regulate emissions is by directly regulating emissions. Not coming up with elaborate loopholes.
Is it even possible for a gas company to offset CO2 emissions? They would have to charge insane amounts
Agreed, I feel like they probably abandoned the plan because they realized $100M wasn’t enough…
No, they probably abandoned it because they only said they would do it because they thought it would increase their public appearance. Once they got the boost from saying they’d do it, if they just silently back out, it’s unlikely that people notice and/or care anymore… That’s just how advertising works.
They probably never had any intention of actually following through to begin with.
I mean, it’s probably a little bit of both. It’s not like people will just stop buying gas in the near and medium-term, and once they got the goodwill and looked at their bottom line they realized that they could just keep the goodwill AND the money. Classic mega corporation move
from june 2022 to june 2023 shell did $365 billion in revenue. the amount dedicated this effort is .027%. one dollar of every three thousand six hundred and fifty.
Yep, it’s a publicly traded company whose duty is to make a profit. It’s why DEI is dying off as well.
Also why life on earth is dying off as well…
Just saying, no one is upset sharks aren’t turning vegan. Why anyone would be upset corporations aren’t willingly doing a unprofitable thing would be the same thing.
It was pretty obvious they would be doing this since they removed references to it a couple months ago.
