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Message
re: Renewables not profitable XOM/Shell Explode Energy Transition Myths
Posted on 5/22/23 at 10:47 am to DaBike
Posted on 5/22/23 at 10:47 am to DaBike
quote:
Shell
fricked over thousands of employees and share holders with their chase for renewables and ESG goals by shutting down many refineries and announcing a withdrawal from exploration and upstream.
And everyone at the ground level knew it was time bomb that was going to blow up in their faces. The execs have to be some of the most highly paid, disconnected MFers in the world.
In 2015 or so, Shell should have just sold off all of their downstream assets to Motiva.
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