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Stuart G

(38,480 posts)
Sat Nov 25, 2023, 03:07 PM Nov 2023

Oil Giant Shell Makes Billions Killing Climate and Spends Millions to Crush Its Opponents

Oil Giant Shell Makes Billions Killing Climate and Spends Millions to Crush Its Opponents
"Common Dreams."
Nov 25, 2023

The oil giant Shell spends millions of dollars each year to anticipate the future to try and predict the unpredictable.

In a corporate game of crystal-ball gazing, Shell likes to play the long game, looking decades into the future to predict upcoming geopolitical or technological trends.

Shell has led the way in corporate long-term thinking. It has been doing so for over fifty years, led by its “Shell scenarios” team. Jeremy Bentham led this team at Shell for nearly two decades until his retirement last year. “If things go wrong, you can lose a sack load of money or miss a lucrative emerging opportunity,” says Bentham. “Worse still, you can lose your reputation and your license to operate.”

On the walls of Bentham’s old office hung a picture of a dodo. The job of the Shell Scenario team, which numbers nearly thirty people, is to stop Shell from becoming extinct.

Despite the best efforts of the company to keep itself out of trouble and to constantly re-iterate its license to operate, it repeatedly screws up.

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