Friday 27 May 2022

CO2 ambitions impossible, says Shell boss

Global ambitions to sharply reduce the amount of carbon dioxide emissions over the next few years cannot be achieved, Shell CEO Jeroen van der Veer says in an interview with Monday’s Financieele Dagblad.

‘It is extremely simple. Over the next few years, the world will produce more oil, more gas and more coal. CO2 capture and storage technology is still in its infancy,’ Van der Veer is quoted as saying. ‘Politicians might not want to hear it, but the percentage of CO2 is going to soar.’
Van der Veer told the FD that he saw the CO2 dilemma as an opportunity for Shell. ‘We are good in technology, in research and we know a lot about CO2,’ he said. ‘This is an entrepreneurial opportunity.’
In addition, Van der Veer said there were great advances to be made in energy saving. ‘This is one of the few areas in which I agree wholeheartedly with [environmental campaign group] Greenpeace,’ he was reported as saying.

Thank you for donating to

The team would like to thank all the generous readers who have made a donation in recent weeks. Your financial support has helped us to expand our coverage of the coronavirus crisis into the evenings and weekends and make sure you are kept up to date with the latest developments. has been free for 14 years, but without the financial backing of our readers, we would not be able to provide you with fair and accurate news and features about all things Dutch. Your contributions make this possible.

If you have not yet made a donation, but would like to, you can do so via Ideal, credit card or Paypal.