Wednesday, May 24, 2017

Financial Times declares a winner in the war for energy’s future, and Big Oil won’t be happy
"The business community, though, is starting to see the writing on the wall, especially in Europe. The CEO of Royal Dutch Shell, Europe’s largest company, declared in a recent speech that the transition to a low-carbon economy is not just “unstoppable.” It is a necessity that “must be embraced” if an oil company like Shell is to survive and thrive. The low-carbon future, he explained, will be built around renewable electricity and electric cars."