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CO2 Ambitions Impossible, says Shell boss

DUTCH NEWS NL - Global ambitions to sharply reduce the amount of carbon dioxide emissions over the next few years cannot be achieved, Shell CEO Jeroen van der Veer says in an interview with Monday’s Financieele Dagblad. ‘It is extremely simple. Over the next few years, the world will produce more oil, more gas and more coal. CO2 capture and storage technology is still in its infancy,’ Van der Veer is quoted as saying. ‘Politicians might not want to hear it, but the percentage of CO2 is going to soar.’
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