Shell being accused on influencing environmental audit to get funding

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Oil giant Royal Dutch Shell faces damaging claims over its influence on a supposedly independent environmental audit to determine whether the world’s biggest oil and gas project would receive vital bank funding.

Dozens of emails released by the government under the Freedom of Information Act show how Shell officials in London attempted to downplay and edit international environmental criticism of the $22bn Sakhalin II energy scheme off the east coast of Russia, which has subsequently been all but fully financed.

The exchange reveals anxiety from an unidentified party, thought to be a UK government agency, at how Shell was ’stage managing’ the review conducted by AEA Technology, the one-time Atomic Energy Authority, now an environmental consultancy.

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Source: The Guardian



This entry was posted on Wednesday, September 3rd, 2008 and is filed under Corporate Responsibility News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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