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Friday, September 20, 2024

Shell Is Doubling Down on Fossil Fuels. We’re Paying the Worth – 2GreenEnergy.com


Re: Shell Oil, Mom Jones studies:

Shell’s earnings have climbed to $14 billion for the primary half of 2024 after its resolution to deal with fossil fuels over low-carbon power delivered stronger than anticipated earnings for a second consecutive quarter.

Europe’s largest oil and fuel firm rewarded its shareholders with an extra $3.5 billion in share buybacks after reporting adjusted earnings of $6.3 billion within the three months to the tip of June.

The newest outcomes, which have taken the corporate’s whole earnings for the primary half of the yr to $14 billion and its share buybacks to $7 billion, have angered local weather campaigners as Shell continues to develop its world fuel enterprise and pull again on funding in low-carbon power.

No less than these individuals are being sincere.  They freely admit that they’re destroying the planet with a view to make large earnings.

That’s a hell of much more than ExxonMobil can say with their huge PR campaigns designed to persuade us that they’re transitioning to hydrogen, biofuels, our no matter their newest spherical of bullshit is targeted on.

As urged within the photograph above, this complete scenario would evaporate the second that Massive Oil needed to pay even a tiny portion of the prices that our civilization is struggling when it comes to environmental harm.

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