Shell’s Former Chairman Made a Startling Comment About Climate Change
Chris Matthews/Fortune
Sir Mark Moody-Stuart calls for divestment in fossil-fuel companies
When the oilmen themselves are arguing for stronger action to fight climate change, it’s probably time to start acting.
Sir Mark Moody-Stuart, the former chairman of oil giant Royal Dutch Shell, said that the lack of progress the world has made on climate change is, “distressing,” and that it was “rational” for investors to start divesting their money from companies that extract fossil fuels,according to a report in The Guardian.
According to the paper, “His striking remarks are the most supportive of divestment made by any senior figure in the fossil fuel business.”
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