Priorities for 2024
Our focus on performance, discipline and simplification is driving clear choices about where we can create the most value for our investors and our customers through the energy transition.
In our Energy Transition Strategy 2024,[1] we showed how our advocacy focuses on four key areas that we believe are critical to the energy transition and will support Shell’s strategy:
- Cross-sector policies that support the achievement of national net-zero ambitions through comprehensive policy frameworks and carbon pricing, and which seek to ensure a just transition;
- Policies that support energy security such as clear and predictable regulatory frameworks that enable the production of hydrocarbons with lower emissions;
- Policies that support changes in customer demand in transport and industry, such as vehicle standards, mandates for sustainable aviation fuel and demand for low-carbon products;
- Policies that encourage the development of low-carbon solutions including incentives for biofuels, flexibility in feedstock choices, and effective regulatory frameworks for hydrogen and CCS.
