Europe’s largest oil and gas corporation in terms of capitalization is again under public attack.
Having moved last year from the Netherlands to the UK under pressure from environmental activists and supporters of a ban on fossil fuel extraction, the Anglo-Dutch oil and gas giant Royal Dutch Shell, which has changed its name to Shell PLC, is again watching these idiots from the windows of its London office.
Poor fellows from Shell are under pressure in London again. Photo: Yandex.
The aftermath of the anti-government protests over skyrocketing gas and electricity prices in the British capital earlier this month had not yet calmed down as the initiative for social destabilization was taken over by environmental activists Extinction Rebellion.
And while everything is relatively clear with the former, the demands of the latter to immediately stop all new investments in fossil fuels, to put it mildly bewildering. Especially against the backdrop of high oil and natural gas prices.
Great Britain has already made a piggyback of itself by totally destroying the coal industry without offering anything in return. History is repeating itself exactly in reverse.
The lack of understanding of the fact that it is impossible to replace the current energy paradigm with a “green agenda” at least in the next 20-30 years is astounding. And the widely advertised green energy is nothing more than absurdity as soon as the topic is put on paper in the language of numbers and calculations.
At the moment, for example, it is impossible to solve the problem with the lack of rare-earth metals used in the manufacture of batteries for wind turbines and solar panels, areas for their installation, the shortage of electricity for their production, as well as the logistics chain for its delivery. And this is just the “tip” of the so-called iceberg.
On topic: Green energy – a complete utopia
As ironic as it may seem, I would gladly suggest that a veteran of the oil and gas industry move to work in Russia. Stable oil and gas laws and no insane activists are quite factors to consider such an option.
How about sheltering a major taxpayer?