15 May '18, 11am

Why @Shell's #climate plans don't stand up to scrutiny

Why @Shell's #climate plans don't stand up to scrutiny

, Shell argues that it has achieved resilience by reducing its production costs. This is intended to mean that Shell is becoming more competitive relative to other oil and gas companies (although naturally they are all also reducing costs). If the transition is to take place through consumer choices as Shell says, these cost reductions will also slow the transition down by making oil and gas more competitive relative to cleaner energy choices. Cutting costs is part of what any company does, but Shell cannot then claim that responsibility for the energy transition lies solely with consumers and governments.

Full article: http://priceofoil.org/2018/05/15/shell-on-earth/

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