Climate warning

Peter Kamau

15 w


Climate warning

Shell’s lack of ambition is maddening: it’s time to speed up transition to renewables

The infuriating thing about Shell, after a year in which profits reached almost $40bn (£32bn), is the refusal to contemplate even a modest course-correction in favour of a faster energy transition. Distributions to shareholders via dividends and buy-backs were cranked up to $26bn last year, but spending on the renewables and energy solutions division was just $3.5bn within the overall capital expenditure outlay of $24.8bn.

Shell’s lack of ambition is maddening: it’s time to speed up transition to renewables

Even on the company’s broader metric, the greener stuff came out at only one-third of total expenditure

Do you agree?

102 more agrees trigger scaled up advertising

  • Munene Mugambi

    12 w

    They're not interested in renewable energy

    • Hilda Wangui

      12 w

      Very sad

      • john linus Tom

        12 w

        Too sad

        • We Don't Have Time

          15 w

          Dear Peter Kamau Thank you for getting your climate warning to level 2! We have reached out to Shell and asked for a response. I will keep you updated on any progress! /Adam We Don't Have Time

          • Kamau WA Githinji

            15 w

            this is sad and something must be done

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