Shell continues Arctic invasion amidst profit announcement, merger talk
WASHINGTON, D.C.—Shell is expected to release its Q2 profits report tomorrow, amidst efforts to drill in the American Arctic Ocean and plans for a merger with liquefied natural gas giant BG Group.
Friends of the Earth Climate and Energy Campaigner Lukas Ross issued the following statement in response:
As Shell prepares to plunder the Arctic, its obscene profits are a sad reminder that taxpayers bear the cost, while shareholders reap the profits. Ending fossil fuel subsidies is a crucial step towards protecting the Arctic, other pristine places and our climate.