The world's need for fossil fuels is "desperate", Shell's chief executive told the BBC.

I don’t know about you but I’m sure glad the chief exec of Shell cares about our futures…

The world’s need for fossil fuels is “desperate”, Shell’s chief executive told the BBC.

  • HeartyBeast@kbin.social
    6·
    1 year ago

    I’ve no doubt that this guy is being entirely self-serving and disingenuous, but the sad fact is that the UK still does still import half of its oil and gas.

    • Plus side of reducing oil production is that prices will go up and will drive the introduction of renewables as they become attractive and help save the world.

    • Downside is that we will all feel poorer during this transition

    I’m in favour of cutting, but it’s important to be clear about the implications.

    • Ni@kbin.socialOP
      2·
      1 year ago

      We need big companies to really champion the move to green tech and renewables, and reinvest some of the profit. I don’t think customers should shoulder the burden when you consider the last few years of recoding breaking profits