6th Oct 2015 05:52
LONDON (Alliance News) - Royal Dutch Shell PLC Chief Executive Ben van Beurden is set to tell a conference on Tuesday that clean renewable energy will struggle to displace fossil fuels as heavy industries will only gradually wean themselves off of coal, oil and gas, Reuters reported.
In a speech due to be given at the Oil and Money conference in London, van Beurden will again call on governments to put a price on carbon emissions in order to cut coal consumption in favour of less-polluting natural gas.
"I know that some people would like fossil fuels to be replaced by renewables as we speak. But for technical and economic reasons, this can only happen step by step. And it will not happen across the board," van Beurden is due to say.
http://uk.reuters.com/article/2015/10/06/uk-shell-renewables-idUKKCN0S000120151006
By Sam Unsted; [email protected]; @SamUAtAlliance
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