Shell's Grand Plan to Fight Climate Change (and Continue to Cause It).

Shell executives accustomed to the chancy but high-reward world of oil and gas were reluctant to sign off on capital investments in wind farms and solar arrays, with their reliable but reliably lower profit margins. The Danish company sold off its natural gas arm and is now the largest offshore wind company in the world, with a total renewable power capacity more than four times greater than Shell's at the end of 2021. Sawan, the new CEO, previously ran both of Shell's profit engines - its business liquefying and transporting natural gas and its fossil fuel discovery and extraction arm - and he's made it clear that he's in no hurry to abandon gas. In the 1960s, Shell was a pioneer in building the gas liquefaction plants and port terminal facilities without which natural gas would've remained a promising but impractical oil-well byproduct. [Extracted from the article]