Ben Geman Nov 29
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Shell pledges to cut carbon footprint in half by 2050
Photo: Kirsty Wigglesworth / AP

Yesterday, Royal Dutch Shell said it would aim to cut the "net carbon footprint of its energy products by around half by 2050," with an interim reduction goal of 20% by 2035.

Why it matters: The pledge is the latest sign of how the world's biggest oil and gas companies are positioning themselves on climate change. It also comes on the heels of Shell's deepening involvement in electric vehicle charging.