Shell letter to the FT: Demand for clean energy is spur for change at Shell
From Ed Daniels, Executive Vice-President, Strategy & Portfolio, Shell, The Hague, The Netherlands
Your article “Will Shell case accelerate the shift to green energy?” (The Big Read, January 12) argues that Shell “can still continue to expand its fossil fuel businesses while meeting its ‘net zero’ emissions goal”. That is neither practically possible, nor true to our intent.
Shell’s intent is visible in the way the company is already, and enthusiastically, moving into low and zero-carbon energy while lowering our net carbon footprint. Shell knows it must do so today if it is to be a successful business in the future. That is the spur for change: the fact Shell’s customers are increasingly demanding cleaner energy.