UK companies must brace for the government to deliberately disrupt or phase out business areas that are unfit for a net zero-carbon economy, according to a report.
Nasser’s speech did not explicitly mention climate change but he said one of the remedies to the sector’s image problem was to understand society wanted clean energy and a reduction in carbon dioxide emissions. Asked what the Paris climate agreement meant for Saudi Aramco, he boasted that the company would become a “global leader” in another fossil fuel – gas.
Ben van Beurden says ‘another Brazil in terms of rainforest’ will help achieve UN target — The boss of Shell has said a huge tree-planting project the size of the Amazon rainforest would be needed to meet a tougher global warming target, as he argued more renewable energy alone would not be enough. Ben van …