Shell Chairman: Climate Needs Shift From Fossil Fuels
LONDON - Sounding more like an environmentalist than an executive, the chairman of the Royal Dutch/Shell Group in Britain said Tuesday that governments should push society towards a world less dependent on fossil fuel given the potentially "disastrous" consequences of climate change.
Ron Oxburgh added that governments needed to act to make renewable and less environmentally harmful energy sources more economical compared to hydrocarbons.
Shell, the world’s third largest oil and gas company by market capitalization, is ready to adapt to any new legislation, he told a conference here organized by Greenpeace.
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Visits to China, India, Malaysia and Pakistan are significant because the trip spells out the Saudi Kingdom's Look East policy, representing a new reorientation in its foreign policy that was heavily tilted toward the West.
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