The lead paragraph in the article in the url below is all you need to know to demonstrate how poorly prepared (and invested) we are in addressing climate change:
"Shell's new CEO said the London energy giant will ratchet back low-profit clean-energy investments while pumping out more fossil fuels, a pivot from a period when the biggest European producers emerged as enthusiastic champions of renewable-energy sources. Investors on both sides of the Atlantic in recent months have rejected a buffet of climate pushes. Instead they have preferred the gushers of cash generated by record profits that have been fueled in part by Russia's invasion of Ukraine. That thirst for cash has coincided with continued strong demand for fossil fuels, emboldening Shell and London-based rival BP to defend oil production and dial back aspects of the clean-energy focus they embraced with fanfare just a few years ago."
Correction – not "addressing" the challenge; more like not even trying to address it (or even pretending we are trying to address it).
Take care
David
David Chandler
© Sage Publications, 2023
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Shell Dials Back Green-Energy Plan
By Jenny Strasburg
June 15, 2023
The Wall Street Journal
Late Edition – Final
B3
