Tory MP counters position of Shell’s boss, Ben van Beurden, that those who say fossil fuels should be left in the ground are misguided

The chairman of parliament’s energy and climate change committee has joined those warning the fossil fuel industry to take the threat of stranded assets seriously, and believes Shell is wrong to write off critics as naive.

Tim Yeo, a veteran Conservative MP and nuclear enthusiast, also expressed alarm at the latest delays at the new Hinkley Point building project in Somerset, saying he hoped they would not lead to eventual cancellation.

Continue reading…