The following report is by Just The News:
Amid multiple leadership changes, the massive oil and gas company Shell is looking to dilute its green energy operations as part of its recent shift back towards fossil fuels, according to a report from The Telegraph.
Days after the company’s renewable generation head, Thomas Brostrom, was revealed to be leaving the company, The Telegraph reported that Shell was seeking third parties to sell off much of its renewable energy investments.
Brostrom was appointed to lead Shell’s renewable energy division after inheriting it from Elisabeth Brinton in February 2022. He “elected to leave Shell to pursue an external opportunity,” a spokesperson for the company is reported to have said.
Brinton was in her role for less than two years before stepping away. The current vice president of Shell Energy Australia, Greg Joiner, has reportedly been chosen to succeed Brostrom.
A Shell spokesperson directed The Telegraph to the organization’s past remarks that “dilutions” in its green energy stake are indeed part of their business model moving forward.
These developments follow Shell boss Wael Sawan, who took over as CEO in January, directing the company to ramp up oil and gas production.
Speaking to the BBC last week, Sawan “disagree[d]” with the United Nations’ António Guterres that fossil fuel investing was morally and economically dangerous.
What would be dangerous and irresponsible is cutting oil and gas production so that the cost of living, as we saw last year, starts to shoot up again.
Swan said
The world “desperately needs oil and gas” to supply power to nations, he added.
AUTHOR COMMENTARY
Renewables cost far too much and are nowhere near as effective. As I have indicated before, these green policies companies decided to implement are designed to mess up the current framework and system, causing all kinds of delays and lapses in production. The green agenda is just the proxy for more control.
[7] Who goeth a warfare any time at his own charges? who planteth a vineyard, and eateth not of the fruit thereof? or who feedeth a flock, and eateth not of the milk of the flock? [8] Say I these things as a man? or saith not the law the same also? [9] For it is written in the law of Moses, Thou shalt not muzzle the mouth of the ox that treadeth out the corn. Doth God take care for oxen? [10] Or saith he it altogether for our sakes? For our sakes, no doubt, this is written: that he that ploweth should plow in hope; and that he that thresheth in hope should be partaker of his hope. (1 Corinthians 9:7-10).
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Well FINALLY, at least 1 came to their senses ! And, there is no such thing as “fossil” fuel.
“OIL” is the second most abundant liquids besides water on or in this earth.
Just sayin’