Shell Has ‘No Choice’ About Investing in New Fossil Projects, CEO Claims
Colossal fossil Royal Dutch Shell has “no choice” but to invest in new, long-lasting fossil projects, a defiant CEO Ben van Beurden told Reuters this week, in an interview in which he decried the “demonization” of oil and gas and “unjustified” worries that the company’s business model is unsustainable.
|
|
|
|
Google Claims Climate Leadership While Funding U.S. Climate Denial Groups
While consistently claiming to support political action to get global warming under control, Google has made “substantial” donations to “some of the most notorious climate deniers in Washington,” The Guardian reports, as part of its multi-story exposé last week on the forces driving the climate crisis.
|
|
|
|
IMF Calls for $75/Ton Carbon Tax to Hold Average Warming to 2.0°C
A global carbon tax of US$75 per ton by 2030 would limit average global warming to 2.0°C, and any economic disruption that resulted could be offset by returning the proceeds to citizens, the International Monetary Fund concludes in a study released last week.
|
|
|
|
|