Article 6DAJA Shell’s ‘obscene’ $5bn profits reignite outrage amid climate crisis

Shell’s ‘obscene’ $5bn profits reignite outrage amid climate crisis

by
Jillian Ambrose Energy correspondent
from World news | The Guardian on (#6DAJA)

Campaigners criticise plan to increase oil and gas production despite extreme heat in Europe

Shell has reignited outrage among climate activists by handing billions to its shareholders after making profits that campaigners have described as obscene".

Protests were held outside oil company's London headquarters on Thursday after it reported second-quarter profits of just over $5bn (3.9bn) in the same week that wildfires linked to the climate crisis burned across Mediterranean countries.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/world/rss
Feed Title World news | The Guardian
Feed Link https://www.theguardian.com/world
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2025
Reply 0 comments