What Shell got wrong

Here's today's Big Take.

View in browser

Aug. 31, 2023

Shell CEO Wael Sawan Photographer: Aaron M. Sprecher/Bloomberg

Read the story Shell, Europe's biggest oil company, set out to solve one of the most pressing problems with carbon offsets: Most don't deliver the environmental benefits they promise. With deep pockets and a century of engineering expertise, Shell thought it could do better. What it learned from its efforts turned out to be an even more damning indictment of one of the corporate world's favorite "climate solutions."  Read The Big Take.

The Big Take podcast is taking a break this week, so we've lined up some of our favorite episodes. Take a listen and we'll be back on Sept. 5.

Follow Us

Like getting this newsletter? Subscribe to Bloomberg.com for unlimited access to trusted, data-driven journalism and subscriber-only insights. Want to sponsor this newsletter?  Get in touch here. You received this message because you are subscribed to Bloomberg's The Big Take newsletter. If a friend forwarded you this message, sign up here to get it in your inbox. Unsubscribe Bloomberg.com Contact Us Bloomberg L.P. 731 Lexington Avenue, New York, NY 10022