An Oil Giant Plans for Climate Change
Shell is test-driving a number of eco-friendly business models before deciding which one to buy into
Royal Dutch Shell knows that climate change means business change, but isn’t sure how. Like a savvy car buyer, it is testing out a few eco-friendly models before it chooses one.
The approach is sensible for Europe’s most valuable oil and gas producer, given that we don’t know what a low-carbon future really looks like. At some point, though, investors need to brace for a big decision.
FULL ARTICLE (WSJ PAYWALL)