“However, Carbon Brief has extracted the data from graphics provided in its report, revealing that the peak for both oil and gas production has, in fact, already passed.”
Shell used to claim oil and gas output could grow for another decade under 1.5C. Its new Sky 2050 scenario quietly says production never beats 2022, and Shell only publishes the numbers in five-year steps so nobody notices. Even then it overshoots 1.5C for decades and relies on unproven air capture machines to clean up. Meanwhile its new CEO says cutting production “is not healthy.” The scenario is for the public. The business plan is for shareholders.