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Shell CEO calls it ‘irresponsible’ to cut oil production now


LONDON (AP) — The head of global energy giant Shell says it would be “irresponsible” to cut oil and gas production at a time when the world economy is still dependent on fossil fuels. In an interview with the BBC released Thursday, Shell CEO also refused to rule out moving the company’s headquarters and stock market listing from Britain to the United States. His comments conflict with the recommendations of climate scientists and U.N. Secretary-General Antonio Guterres, who has called on the fossil fuel industry to “drive, not obstruct” the transition to renewable energy. Burning fossil fuels is the biggest source of the carbon emissions blamed for global warming.

Article Topic Follows: AP National News

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