RE: This Shell management and Board has managed to anger1 Aug 2022 16:27
Barrieprov:
I think they are very much being influenced by both politicians and the green lobby.
The problem is, the green lobby want their cake and eat it, they rub their hands when Big Oil get taxed more yet moan that Big Oil isn't spending enough on the transition to net zero.
If the govt increase the windfall tax % on the basis of oil company profits after they set out the 2025 period for the current % I think the majors will leave the country, after all, Shell just amagalmated their business in the UK recently, they could just as well bugger off to the a more tax friendly jurisdiction.