Environmental Groups React to Royal Dutch Shell Reporting 48% Decline
"Given Shell's appalling profit warning, how we can we expect to trust Shell with the fragile Arctic environment? They can barely make money in the most profitable business the world has ever known," said Gustavo Ampugnani, a Greenpeace Arctic Campaigner in Washington D.C.
“Shell’s announcement today is just one example of the mounting body of evidence that fossil fuel investments are not only bad for the planet, but bad for bottom lines,” said Jay Carmona, National Divestment Campaign Manager of 350.org in Oakland, CA. “Pension funds, university endowments and future retirees should take note.”