BSR Insight | Shell Calls for Price on Carbon Emissions to Encourage Alternative Energy Options
During Shell’s recent public "webchat" on the company’s energy scenarios, several company representatives discussed developments in the world’s energy systems. The panel addressed questions ranging from the price of carbon to energy security and climate science.
One participant asked about the use of coal and Shell’s capacity to influence the decarbonization of the world’s energy system, citing recent growth in coal exports. Shell’s Vice President, Global Business Environment, Jeremy Bentham responded that despite having exited the coal business, Shell remains committed to licensing coal-related technologies:
“We anticipate that coal use will continue to surge, and that technologies like gasification and carbon capture and storage are going to be very important. We'd really like to see a meaningful price applied to CO2 that will shape the development of the power industry and moderate coal growth in favor of lower-carbon options including natural gas.”
—Jeremy Bentham, vice president, global business environment, Shell (May 4, 2011)
About the Author(s)
Linda Hwang, Former Manager, Research
Share Your Thoughts
Please note, all comments are subject to moderation.