Nick Osborne leads the Environmental Products Trading Business for Shell Trading. He has global responsibility for environmental markets in both the compliance and voluntary spaces and runs a geographically diverse team with representation from Brisbane to San Diego. He is an energy trading veteran with more than 20 years’ experience across refined products, crude oil, biofuels, freight, carbon and corporate strategy and has lived and worked in the UK, the Netherlands and the USA. He is a passionate supporter of carbon markets and market development having built the bio-ethanol business for Shell during the mid-2000s.

Shell Trading has been a key participant in carbon markets since 2005 and executed one of the first trades of EU Allowances in the EU Emissions Trading System. Since then, the business has grown in scale, spanning regulated markets in, amongst others, New Zealand, Australia, Singapore, Europe, the USA and Canada. Added to this, Shell has developed a sizable presence in voluntary carbon markets. and adopting the use of carbon credits as part of an avoid/reduce/compensate hierarchy is a key part of the company’s journey to net zero