Will Pension Funds continue to risk Investment in Shell?

Screen Shot 2014-02-10 at 16.29.29Extracts from a Reuters article published 19 May 2014 under the headline: Shell says fossil fuel reserves won’t be ‘stranded’ by climate regulation

LONDON, May 19 (Reuters) – Royal Dutch Shell has dismissed the possibility that its proven oil or gas reserves will become unusable as a result of climate change regulation, saying fossil fuels will play a key role in global energy to 2050 and beyond.

Environmental campaigners, activist investor groups and some lawmakers have warned that financial markets could be overvaluing companies with large fossil fuel assets, such as Shell, thereby creating a “carbon bubble” and putting at risk trillions of dollars in pension funds.

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