Posted by John Donovan: 29 Jan 25
Ah, yes, Shell—the benevolent, planet-loving, totally-not-greedy oil titan—has once again graced us with its unwavering commitment to not accelerating climate catastrophe. This time, the world’s favorite polluter has finalized its acquisition of a 609-megawatt (MW) combined-cycle gas turbine power plant in Rhode Island, because nothing screams energy transition like doubling down on fossil gas.
Shell Energy North America (SENA), a subsidiary of the oil-soaked giant, scooped up RISEC Holdings, LLC, thereby securing the plant’s two-unit gas-burning operations, which have been happily belching emissions since 2002. The plant, which serves the ISO New England market, will now conveniently feed into Shell’s existing empire of profits while the company continues its well-documented tradition of sprinkling a little greenwashing on top.