What is the actual CO₂ reduction you are aiming for with your Scope 1 and 2 absolute emissions target? What is meant by the net carbon intensity of Shell’s business? Does Shell have short-term carbon intensity targets? What is Shell already doing to achieve its targets?, With projects like the Prelude floating LNG facility and the expansion of the Queensland Curtis LNG, Shell is setting new industry benchmarks in operational efficiency and carbon footprint reduction., Shell's transition strategy is still missing critical elements, trailing peers in its FY25 target for energy transition capex and no guidance for FY30, high use of offsets increasing 5x from FY22 to 20 Mt, and remuneration incentives for energy transition now incentivising expansion of fossil fuels., Shell is cutting emissions from oil and gas production while keeping oil production stable, and growing sales of low-carbon energy solutions while gradually reducing sales of oil products such as petrol, diesel, and jet fuel., Reducing CO₂ emissions and black smoke Our most advanced fuels for heavy-duty vehicles and equipment, Shell FuelSave Diesel and Shell Diesel Extra with DYNAFLEX Technology 1, are designed to help lower CO 2 emissions 2 and black smoke 3., The biggest driver for reducing our net carbon intensity is increasing our sales of low-carbon products and services. The chart below illustrates how this change in our product mix could help us to achieve our target to reduce our net carbon intensity by 20% by 2030..