Shell was successful in lobbying to undermine European renewable targets ahead of an important agreement on emission cuts which reached upon in October last year, new documents which have been released indicate.
At the time at which the deal was reached upon, Jose Manuel, European commission president, said that, “This package is very good news for our fight against climate change.” Adding that, “No player in the world is as ambitious as the EU.”
But it is emerging now that a key part of the agreement, which was being headed by the government In U.K., had been proposed by a Shell lobbyist back in October 2011.
During the 2014 meeting, the participating countries agreed to ensure that all countries in the European Union will ensure that bloc emissions are cut by 40%. But in the run-up to the meeting, there were disagreements among participating member states on how exactly they will be able to achieve that. Regardless, this move was a strong signal to investors that EU was serious about clean energy.
New documents which were released to the Guardian under freedom of information indicate that as early as October 2011, Shell had already began lobbying the Barroso, who was later replaced by Jean-Claude Junker, to do away with existing formula which had been established by the bloc for linking binding renewable energy with cuts in carbon emissions.
According to Shell, a market-led strategy on gas expansion will enable Europe to save 358 billion pounds in its transition to a system which has a low carbon energy as compared to an approach that had been centered on renewable.