Shell CEO to Talk Snowflakes Off the Climate Ledge Oct 17

Shell’s new CEO, Wael Sawan, is capable of rational thought, unlike his predecessor, Ben van Beurden. Previous CEO van Beurden had set the company on the suicidal path of reducing oil and gas drilling in favor of investing in renewable energy. It turns out that’s not making any money for the company. So at an investor meeting in June, Sawan unveiled a new strategy --- back to more drilling for oil and gas and less dithering with renewables (see New Shell CEO Reverses Course – More O&G Drilling, Less Renewables). Sawan is also high on LNG and “sees a long-term role for natural gas in the world’s energy mix.” Sawan's change in course has caused some of the delicate snowflakes who work at Shell to hyperventilate and declare they will quit (to which say, please do!). However, Sawan is going to hold an electronic town hall meeting tomorrow with employees to try and talk the snowflakes away from jumping off the climate ledge.

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