Shell Has Got Its Climate Policy Wrong: Economist Nick Stern

Shell Has Got Its Climate Policy Wrong: Economist Nick Stern

May 30th, 2015

by John Donovan. 

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By: MICHEAL KAUFMAN: Published: May 29, 2015 

At the Guardian Business debate on divestment in Kings Place, London, prominent Economist Nick Stern said that Royal Dutch Shell plc (ADR) (NYSE:RDS.A) wants investors to bet against the world taking action on climate change. He said that the oil giant and other hydrocarbon companies were pulling in the wrong direction, on the progress that will be made in renewable technology in the coming two-three decades.

He was of the view that despite hydrocarbon companies like Shell saying that the policies that will keep global warming to 2C will not be adhered to, they had to tell those energy companies that their forecasts were wrong. He said that they had to try to get the people to make sure that those policies will be implemented.

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Posted in: Alternative Energy, Alternative Fuels, Ben van Beurden, Bidness Etc, Climate Change, Environment, Gas, Oil, Royal Dutch Shell Plc.
Tagged: Ben van Beurden · Environment · Gas · Global Warming · Oil · Royal Dutch Shell Plc · Shell

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