Posted by John Donovan: 16 Feb 24
In a shocking turn of events, Shell, the global beacon of environmental responsibility (pause for eye-roll), finds itself at the centre of what can only be described as a greenwashing scandal so brazen it could make an oil slick blush.
On the first of February, 2023, the heroes at Global Witness, an NGO with apparently nothing better to do than save the planet, lobbed a “groundbreaking greenwashing complaint” into the lap of the SEC’s Climate and ESG Task Force. Their mission? To beg the question: Is Shell’s so-called investment in renewables as genuine as a three-dollar bill?
Global Witness dares to suggest that Shell might be pulling a fast one on its investors by inflating its green credentials. You see, Shell has this fancy-sounding “Renewables and Energy Solutions” (RES) segment that includes, among other things, their forays into hydrogen, nature, and whatever “integrated power activities” are supposed to be. Sounds impressive, right? Well, hold your carbon offsets, because Global Witness is calling BS.
According to these party poopers, Shell’s RES segment is about as “renewable” as a coal mine. They claim a “significant portion” of Shell’s spending on RES is actually funnelled into marketing and trading “natural gas” and gas-generated power. And here’s the kicker: they argue that gas, contrary to Shell’s insinuations, is neither renewable nor a solution to our energy woes. I mean, who knew? read more
Like this:
Like Loading...
This website and sisters
royaldutchshellgroup.com,
shellnazihistory.com,
royaldutchshell.website,
johndonovan.website,
shellnews.net, and
shellwikipedia.com,
are owned by
John Donovan. There is also a
Wikipedia segment.