Shell’s CEO Tells Activists and Investors: Trust Me to Cut CO2



Chief Executive Officer Ben van Beurden has the same message for activists seeking to bind Royal Dutch Shell Plc to deep emissions cuts, and investors concerned about the merits of shifting away from oil and gas: Trust me. He advised shareholders on Monday to reject a resolution from climate group Follow This that would set clear targets for the company’s greenhouse-gas emissions, more specific than its current broad “ambition.” He also reiterated his intention for Shell to make most of its money from clean energy in 20 years, such as renewables, hydrogen or carbon capture in 20 years. FULL ARTICLE
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Posted in: Alternative Energy, Ben van Beurden, Bloomberg, Business Principles, Carbon Capture, Climate Change, Environment, Litigation, Oil, Royal Dutch Shell Plc, Shell, Shell AGM.
Tagged: Alternative Energy · Ben van Beurden · Environment · Oil · Royal Dutch Shell Plc · Shell