Shell Scenarios: Energy Transition Implications for Business

Continuing the discussion with Uwe Schulte, David Hone, Chief Climate Change Adviser at Shell, now describes the implications of the three climate change scenarios. They discuss the need to find alternative pathways out of the global economy's heavy dependency on fossil resources as well as the timing challenges involved. David expresses the need not just for the oil and gas industry to change but for all business sectors. The changes required cannot be limited to just the types of energy purchased.