Analysis: Shell's bumper profits 'have not translated into higher renewables investment'

Stuart Stone
clock • 4 min read
Credit: iStock
Image:

Credit: iStock

Oil and gas giant posts $5bn quarterly profit, as figures show it is investing 5.6 times more in fossil fuels than its renewables business

Shell's investment in renewables and low carbon energy pales in comparison to the amount of capital it continues to plough into fossil fuels and shareholder payouts, even despite the oil and gas giant...

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