As the Shift to Green Energy Speeds Up, Shell’s Big Natural-Gas Bet Is at Risk

How convenient to be able to blame climate change for some bad investment calls. Shell had to write off some of the book value of Queensland Curtis no matter if there was a climate issue or not. The facility was built with much higher market price expectations for LNG. Let’s just say that some hyped the LNG market like there was a pot of gold at the end of the rainbow. Now, this needs a good cover-up and Climate policy is just right for that I guess.