Posted by John Donovan: 18 Nov 2024
In a PR move so brazen it could make even the most hardened spin doctor blush, Shell has teamed up with BP, Equinor, and TotalEnergies to graciously save the planet. How? By throwing a measly $500 million at the world’s energy access crisis. Yes, the same Shell that rakes in tens of billions annually from the oil and gas driving this crisis. What’s next—Big Tobacco funding a fresh-air initiative?
But don’t let the numbers fool you! This isn’t about fixing the problem; it’s about making it look like they care while keeping the fossil fuel money printer on overdrive. And let’s not forget their investors—BlackRock and Vanguard—cheering from the sidelines, because nothing says “sustainable future” like profiting off planetary destruction.
The Energy Crisis: “Oops, Did We Do That?”
According to this noble announcement, 685 million people lack access to electricity, and 2.1 billion people can’t cook cleanly. Heartbreaking, right? But here’s the kicker: the fossil fuel majors, including our dear Shell, are complicit in keeping those numbers high by prioritizing extraction and profits over progress. Now, they’re pretending $500 million split four ways will make up for decades of systemic exploitation in the Global South. What’s that—$125 million each? That’s less than Wael Sawan’s next yacht. read more
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