London, 09 July, 2023, (Oilandgaspress) Shell CEO, Wael Sawan insisted that the world still “desperately needs oil and gas” as moves to renewable energy were not happening fast enough to replace it. He warned increased demand from China and a cold winter in Europe could push energy prices and bills higher again. Mr Sawan angered climate scientists who said Shell’s plan to continue current oil production until 2030 was wrong. BBC Reports.
As long as there’s war and profit, oil and gas companies will favor fossil fuels. The U.N.’s climate chief called the CEO of Shell irresponsible for telling the BBC that cutting production was dangerous. Meanwhile, Siberia is burning, Italy and Spain are drying out, warmer Atlantic Ocean temperatures may bring more hurricanes, and the UK is melting. Shell declined to comment on Stiell’s remarks according to Reuters.
