Shell announce $6.3 billion in profit - Greenpeace reaction

Reacting to the news that Shell has announced quarterly adjusted earnings of $6.3 billion (£4.9 billion), Philip Evans, Campaigner at Greenpeace UK, said:. “Wildfires raging across the Arctic Circle and temperature records being broken by the day should be a wake-up call. But Shell continues to bank billions from digging up climate-wrecking fossil fuels. Shell's reckless pursuit of profit is causing global climate chaos - and it is planning a new drilling frenzy that will only exacerbate the crisis.

“We cannot let countries and communities that have done the least to cause climate change pay the price for Shell's greed. The new Labour government must prove it is different to its predecessor by reining in the fossil fuel giants and imposing bold new taxes on polluters to force them to pay their climate debts at home and abroad.”

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Notes to editors:

1. Shell has invested in at least 20 new oil and gas projects since the IEA warned that new fossil fuel production must end if we are to avoid the worst effects of climate change. These new projects threaten to release cumulatively more than 5 times the annual CO2 emissions of the Netherlands.