Re: Shell Oil, Mother Jones reports:
Shell’s profits have climbed to $14 billion for the first half of 2024 after its decision to focus on fossil fuels over low-carbon energy delivered stronger than expected earnings for a second consecutive quarter.
Europe’s biggest oil and gas company rewarded its shareholders with a further $3.5 billion in share buybacks after reporting adjusted earnings of $6.3 billion in the three months to the end of June.
The latest results, which have taken the company’s total profits for the first half of the year to $14 billion and its share buybacks to $7 billion, have angered climate campaigners as Shell continues to grow its global gas business and pull back on investment in low-carbon energy.
At least these people are being honest. They openly admit that they’re destroying the planet in order to make huge profits.
That’s a hell of a lot more than ExxonMobil can say with their enormous PR campaigns designed to convince us that they’re transitioning to hydrogen, biofuels, our whatever their latest round of bullshit is focused on.
As suggested in the photo above, this whole situation would evaporate the moment that Big Oil had to pay even a tiny portion of the costs that our civilization is suffering in terms of environmental damage.
From Mother Jones: Shell Is Doubling Down on Fossil Fuels. We’re Paying the Price
Renewable Energy
Are Americans Fed Up with Trumpism?
It’s possible that Americans are so angry that the Trump administration has ruined their country and its democracy that paid advertising for Republican candidates is having no effect on them.
We can only hope.
Renewable Energy
Mike Lindell Paddled in the Primary
Obviously, the endorsement of a much-despised president didn’t help, but what chance did this election-denying moron actually have in a sophisticated state like Minnesota?
Renewable Energy
In a Strange Way, Trump Is Transparent
One good thing about having Trump in the White House is that doesn’t have enough sense to hide what a terrible person he is.
We all recall the COVID-19 outbreak, and Trump’s suggestion that we reduce our testing for the disease on the basis that less testing means fewer positive results, which means less outrage on the level of Trump’s ineptitude in handling the epidemic.
-
Climate Change1 year ago
Guest post: Why China is still building new coal – and when it might stop
-
Greenhouse Gases1 year ago
Guest post: Why China is still building new coal – and when it might stop
-
Greenhouse Gases2 years ago嘉宾来稿:满足中国增长的用电需求 光伏加储能“比新建煤电更实惠”
-
Climate Change2 years ago嘉宾来稿:满足中国增长的用电需求 光伏加储能“比新建煤电更实惠”
-
Climate Change2 years ago
Bill Discounting Climate Change in Florida’s Energy Policy Awaits DeSantis’ Approval
-
Renewable Energy10 months agoSending Progressive Philanthropist George Soros to Prison?
-
Greenhouse Gases1 year ago
嘉宾来稿:探究火山喷发如何影响气候预测
-
Carbon Footprint2 years agoUS SEC’s Climate Disclosure Rules Spur Renewed Interest in Carbon Credits
