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Shell boss under fire for saying cutting fossil fuel production is ‘dangerous’
(www.theguardian.com)
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this post was submitted on 06 Jul 2023
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That's not wrong, but it's from a biased perspective. It is true that if we were to reduce supply of a primary energy source, that the wealthy would continue on mostly as normal, and the poor would bear most of the suffering, with a side of "wealth moving from rish people to even richer people."
His position, though, comes from the perspective of "Because I'm a hammer, that must be a nail." Yes, it is important to be aware of the effects of reducing fossil fuel production without replacing that with another energy solution. A much better way to realize reduction in fossil fuel production would be to make renewable and green energy sources even more prominent, and economically competitive. Giving the world other economically viable options will reduce demand for fossil fuels.
Big oil companies like Shell can either pivot to embrace new energy technologies or risk becoming less relevant.