"[#Shell's] Energy Transition report is actually a full-throated defense of the #FossilFuel industry.
– First, management is bullish on #LNG production;
– Second, they foresee a continued significant role for #oil in the transportation sector;
– Third, [there is] an expectation for more #hydrogen.
– Fourth, new carbon abatement and removal technologies “will be needed.” [This refers to] technologies or operating efficiencies that presently do not exist."
Following record profits, planet wrecker announces plans to get a bigger wrecking ball.
"Sawan angered green groups last June, when the company appeared to reverse a plan to reduce #shells oil and gas production by 1-2% a year, in pursuit of higher profits.
The company plans to start enough fossil fuel projects to add 500,000 barrels a day to its oil and gas production by 2025."
Add comment