Ben van Beurden agrees that we need to capture the carbon emissions of fossil fuel reserves, but predicts that the world will be ‘zero carbon’ by the century’s end
Ben van Beurden, the chief executive of Shell, has endorsed warnings that the world’s fossil fuel reserves cannot be burned unless some way is found to capture their carbon emissions. The oil boss has also predicted that the global energy system will become “zero carbon” by the end of the century, with his group obtaining a “very, very large segment” of its earnings from renewable power.
And in an admission that the growing opposition to Shell’s controversial search for oil in the Arctic was putting increasing pressure on him, van Beurden admitted he had gone on a “personal journey” to justify the decision to drill.