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Posts under ‘Climate Change’

ROYAL DUTCH SHELL PLC NEWS TUESDAY 09 SEPT 2014

Analysts hint at merger of Shell and BP According to an article by Keith Findlay published by energyvoice.com: “Falling fortunes at BP and Shell could force the two oil and gas giants into a “mega-merger” within a couple of years, some City analysts believe.  Some of Shell’s big shareholders are said to be frustrated by […]

Shell one of 5 Companies Al Gore Says Are Doomed

“Royal Dutch Shell is another company with a doomed oil sands project, according to the Carbon Tracker Initiative. Its Carmon Creek project needs oil prices to hit $157 per barrel in order to be profitable. On top of that, Royal Dutch Shell is seeking to drill for oil in the Arctic, which has already wasted […]

Shell’s unwelcome sponsorship of the arts

By John Donovan Earlier this year campaigners and climate activists applauded the end of the Shell Classic International series at the South Bank Centre in London.  SEE: Campaigners celebrate end of Shell’s Southbank sponsorship Protestors, including from the Shell OUT SOUNDS organisation and PlatformLondon.org strongly objected to what has been aptly described as “oil-branded concerts.” All take particular […]

The elephant in the atmosphere

Extract from an article published by economist.com on 19 July 2014: “Shell, Exxon and carbon: The elephant in the atmosphere” IN SEPTEMBER 2013 a group of institutional investors with $3 trillion of assets under management asked the 45 biggest quoted oil firms how climate change might affect their business and, in particular, whether any of […]

Greenpeace’s Lego Video Aims To End Shell Partnership

Extracts from an article by Katherine Boehrer published by The Huffington Post on 7 July 2014 Greenpeace’s most recent video targets popular toy brand Lego for its partnership with Shell. Though it begins innocently enough, panning over a Lego winter wonderland full of polar bears, wolves and icebergs, the video takes a sinister twist when […]

Shell ‘short sighted’ on climate risk – study

Extract from an article by Megan Darby published on 9 July 2014 by “Responding to Climate Change” Shell was accused of “Orwellian doublethink” in its attitude to climate change on Wednesday, as an influential think-tank published new analysis. In the latest instalment of the “carbon bubble” debate, the Carbon Tracker Initiative (CTI) highlighted flaws in […]

Shell Tackles Climate Change

Extract from an article published 1 July by Financialbuzz.com According to Shell (NYSE: RDS), economic development and growth in population are feeding the energy demand. Fossil fuels meet the maximum component of the demand. However, to avoid climate change, the carbon dioxide emissions must be reduced. Marvin Odum, President of Shell Oil has publicly announced […]

Weighing the Risks of Investing in Energy Companies

Extracts from an article by Stanley Reed published 11 June 2014 by The New York Times …fund managers beginning to think skeptically about fossil fuel companies — not so much because they or their clients disapprove of their activities, but because they think the securities issued by these companies may prove poor long-term investments. The […]

Quest project attracts worldwide interest

Extract from Financial Times article by Ed Crooks published 8 June 2014 Royal Dutch Shell’s Quest project does not look much like a potential saviour of civilisation. Quest is one of the world’s most advanced projects for capturing and storing carbon dioxide, and many people believe this type of technology will have to be deployed […]

BP and Shell urged to stop using shareholders’ money to fund libertarian lobby group

Extract from a This is Money/Daily Mail article by Rob Davies published 2 June 2014 BP and Shell have been urged to stop using shareholders’ money to fund a US lobby group that promotes looser gun laws and the teaching of climate change denial in schools. The oil firms are members of the secretive American Legislative […]

Oil giant says profits are assured

Extracts from an article published by Eco-Business 28 May 2014 Shell, the world’s largest oil company, believes that governments will not damage its business by taking rapid action on climate change, and says all its oil reserves will be needed and sold at a profit. In a robust reply to a recent report by the […]