CO2 Management > CCUS > Shell cuts carbon credit use in 2024 amid lower fuel sales, rising renewables

Shell cuts carbon credit use in 2024 amid lower fuel sales, rising renewables

Published 13:27 on March 26, 2025 / Last updated at 13:27 on March 26, 2025 / / Americas, Asia Pacific, CO2 Management (CCUS), EMEA (Europe), Nature-based Carbon (Other NbS), Net Zero Transition (Industrial Decarbonisation, Power/Electrification, Transport & Heating Fuels), Voluntary (VCM Governance)

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Shell reduced the volume of carbon credits it retired in 2024, as a drop in transport fuel sales and increased renewable electricity transactions helped the company progress toward its net zero targets, the energy major said in its annual report.
Shell reduced the volume of carbon credits it retired in 2024, as a drop in transport fuel sales and increased renewable electricity transactions helped the company progress toward its net zero targets, the energy major said in its annual report.


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