Julia Finch
Wednesday March 5 2008
Their audacity knows no bounds. The power companies are threatening to scale down their investments in green power projects if the government introduces a windfall tax on their high earnings. Obviously, they are not putting it that bluntly – choosing instead to demand a “stable, predictable investment climate” to deliver green funding – but the message is clear.
The two companies to fire off these warnings yesterday were British Gas and Drax. At least British Gas has a few wind turbines but Drax’s sole asset – a coal-fired power station – has rewarded its shareholders handsomely while feeding more carbon into the atmosphere than any other single plant in the country.
In January Ofgem said power generators had made £9bn of windfall profit through the emissions trading scheme. And it is only a few days since some of the energy giants warned they might not put much more cash into the North Sea production sector unless the government made the tax environment more attractive there.
The plain fact is big energy companies such as British Gas and big oil companies such as BP and Shell are riding high on the back of soaring commodity prices for minimal management effort, but which feed billions of pounds into their coffers.
For the complete article go to…
http://www.guardian.co.uk/business/2008/mar/05/oil.mining
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
