Energy

Shell secures backing for climate strategy but growing minority rebel

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A Shell tanker truck delivers fuel to a gas station, operated by Royal Dutch Shell Plc., in Rotterdam, Netherlands.

Jasper Juinen | Bloomberg | Getty Images

LONDON — Royal Dutch Shell shareholders on Tuesday overwhelmingly voted in favor of the oil giant’s energy transition plans at its annual general meeting, though a growing minority defied recommendations and insisted the company do much more to tackle the climate emergency.

Shell said that the company’s own resolution received 88.74% of shareholder votes. The Anglo-Dutch oil major’s board had requested support for its Energy Transition Strategy — a vote that was the first of its kind in the energy sector.

The result, while…



Source cnbc.com

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