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Reverse Policy Scaling Down Renewable Energy Investment, Shell Urged

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Oil major, Shell is trying to manage internal issues with regard to management decisions to scale down investment in the renewable energy space.

The letter was signed by Lisette de Heiden and Wouter Drinkwaard, who both work in Shell’s low-carbon division. De Heiden and Drinkwaard did not respond to a request for comment.

“For an organisation at the crux of the energy transition, there are no easy answers and no shortage of dilemmas or challenges,” Sawan wrote in his response. Sawan, who took office in January, has focused on improving Shell’s operational performance and profitability by leaning more heavily on oil and gas operations, biofuels and electric vehicle charging.

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Reverse Policy Scaling Down Renewable Energy Investment, Shell UrgedOil major, Shell is trying to manage internal issues with regard to management decisions to scale down investment in the renewable energy space.
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