>"Shell will adjust its policy so that it will also emit less CO2 in real-time." Yes, they will just dust off their magic wands and wave them round a bit and poof! No more CO2! Because up until now they have just been ignoring all the calls for climate change. I'm incredibly cynical about this. Not because of the naive sounding statement, nor because i care too much about Shells bottom line. It's simply because this…
I mean, just imagine, you go the the slave market and they tell you that the court ordered them to stop selling slaves on the basis that some laws say that you cannot do so! Burning fossil fuels is bad. Shell is in the business of producing fossil fuels to burn. Shell needs to leave that business in the very long term. What's the problem here?
> Burning fossil fuels is bad.
Why is it bad? Becuase the temperature will go up a couple degrees. Who cares! We're engineers and we build solutions to adapt to an ever-changing world. We don't make progress by stifling productivity.
> Shell needs to leave that business in the very long term.
No, they don't NEED to do that. Well, not until the government mandates it anyway. And that's the problem. Perhaps they will leave the business, but they shouldn't until renewable energy becomes more economical than producing fossil fuels. In the meantime, it makes more sense to move production to developing countries so they have the same opportunity we had here to benefit from cheap energy.