In Money Matters

Helen Rush

Shell is working with Edify to reach carbon neutrality

Shell is working with Edify to reach carbon neutrality

Royal Dutch Shell will provide power to the Australian state of New South Wales through a partnership. This is what Shell announced on Tuesday.

Shell is working with Edify, an Australian sustainable energy developer. According to New South Wales, the ten-year contract, which will start in the summer of 2022, is worth USD 3.2 billion, or just over EUR 2 billion.

New South Wales sees the partnership with Shell and Edify as a next step in its plans to become carbon neutral by 2050.