Nick Stern Shell is asking us to bet against world on climate change
submitted by Climate Change:How Skewed Are We...Reall
on 10/28/15
1
Lord Stern said Shell and other hydrocarbon companies were getting it wrong on the potential of renewables technology and that people will insist on policies to hold global warming to 2C. Stern’s intervention comes after Shell CEO Ben van Beurden told the Guardian that his company would continue to look for new reserves of oil and did not believe its assets were overvalued or unusable as a result of current or reasonably foreseeable future legislation concerning carbon. He also said renewables would become important for Shell after 2050.
