Shell is basically the tobacco industry of the energy world – they might as well be selling cigarettes. Their job? Keep the oil and gas flowing, consequences be damned.
Posted by John Donovan; 1 December 2023
In a plot twist that could be straight out of a Hollywood eco-thriller, pension schemes are being told to wake up and smell the carbon emissions. At the Pensions and Lifetime Savings Association’s ESG conference in London, the big talk was about ditching those oh-so-yesterday oil and gas investments. Because, you know, investing in the destruction of our planet is so 20th century.
Enter Tony Burdon, the chief of Make My Money Matter (MMMM), who’s been rallying the troops to write angry letters to their pension schemes. His message? If those fossil fuel fanboys at BP and Shell don’t clean up their act, it’s time to take our money and run. Oh, and he’s got Olivia Coleman from “The Crown” on board, because nothing says serious environmental policy like celebrity endorsements.