The Green Party has accused Shell of betraying people and planet after it announced it was abandoning its plans to cut oil production each year for the rest of the decade [1].
Green Party co-leader Carla Denyer said:
“Shell’s abandonment of its plans to cut oil production is a betrayal to our planet and everyone living on it, in the interests of greed.
“We are in the middle of a climate crisis and we know there is one way, and one way only, to protect us from its most devastating consequences - and that is to leave fossil fuels in the ground.
“We also know that reducing our reliance on fossil fuels would be the most effective way to tackle the cost of living crisis which so many people across the country are struggling with day to day.
“For Shell to target more fossil fuel production and to increase payouts to shareholders is pure climate vandalism, and a sign that fossil fuel companies will not steer us to the greener future we all crave without political leadership from national governments.
“That is why the Green Party’s ‘dirty profits tax’ [2] would force the biggest polluters to pay for the damage they cause while protecting everyone else as we transition to a carbon-free future
“We would make this windfall tax a stepping stone towards a permanent carbon tax on polluting industries.”
ENDS
Notes
1
https://www.reuters.com/business/energy/shell-boost-dividend-cut-spending-new-ceo-plan-2023-06-14/
2
https://greenparty.org.uk/news/2022/02/08/greens-call-for-dirty-profits-tax/
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