Shell threatens to halt European investment if forced to pay to pollute

James S Murray
clock • 2 min read

French executive claims oil giant will stop investing in Europe if EU makes good on plans to force heavy polluters to buy emissions credits at auction

Lobbying against the EU's plans to tighten its emissions trading scheme (ETS) stepped up a gear yesterday when a senior executive at oil giant Royal Dutch Shell told the French Chamber of Commerce that...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

James S Murray
Author spotlight

James S Murray

View profile
More from James S Murray

Tories warned plan to axe carbon tax would 'hammer industry'

AA: Used EV prices fall for fifth straight quarter

More on Legislation

'We'll be less safe': Barack Obama joins chorus of criticism as Trump ditches key US climate ruling
Legislation

'We'll be less safe': Barack Obama joins chorus of criticism as Trump ditches key US climate ruling

White House moves to reverse 'endangerment ruling' that provides bedrock for federal attempts to regulate greenhouse gas emissions

Michael Holder
Michael Holder
clock 13 February 2026 • 4 min read
'Largest deregulatory action in American history': Trump administration to move against CO2 endangerment ruling
Legislation

'Largest deregulatory action in American history': Trump administration to move against CO2 endangerment ruling

White House to launch process of formally reversing 2009 ‘endangerment finding’ that provides the basis for federal emissions regulations

James Murray
James Murray
clock 11 February 2026 • 2 min read
Industrial Accelerator Act: Brussels urged to boost demand for low carbon products
Legislation

Industrial Accelerator Act: Brussels urged to boost demand for low carbon products

Coalition of 40 trade bodies, think tanks, and campaign groups urge European Commission to deliver mandates and green procurement rules that can create 'lead markets' for low carbon materials and products

James Murray
James Murray
clock 11 February 2026 • 3 min read