CNNMoney.com: Shell: Short-Term Energy Policies Risk Econ Slowdown By 2020
April 03, 2008: 01:03 PM EST
LONDON -(Dow Jones)- Top Royal Dutch Shell PLC (RDSB.LN) executives will say Monday that short-term energy policy decisions and a failure to curb energy demand may result in a temporary global economic slowdown within 12 years.
In a presentation in Brussels to the Friends of Europe think-tank, Shell Chief Executive Jeroen van der Veer and Jeremy Bentham, responsible for the company’s energy outlooks, will say that under a scenario they call “Scramble”, the rush by consuming nations toward coal, biofuels and heavier hydrocarbons spells a world economic slowdown by 2020 as a supply crisis takes hold.
In a document entitled “Shell Energy Scenarios to 2050”, parts of which have already been made publicly available, the company also presents a more benign alternative outlook which it calls “Blueprints”.
Under this, market-driven efficiency measures come into play and energy intensity falls.
By 2050, more than 60% of electricity is projected to come from non-fossil fuel sources in this scenario and five years later the European Union and the U.S. will have cut energy use per capita by a third from now.
However, coal use still more than doubles over that period – albeit some of it incorporating carbon capture and storage technology – and substantial cuts to emissions would remain a serious challenge.
Shell’s Blueprints scenario also suggests oil-derived energy consumption will climb almost 7% to 157 exajoules annually in the period, in contrast to a 4% decline under the more pessimistic Scramble outlook.
Still, total energy use under Blueprints is 13% lower by 2050 than under the Scramble scenario.
Achieving the outcomes detailed in Blueprints “will not be easy and time is short”, van der Veer says in the report, adding; “We urgently need clear thinking, huge investment, and effective leadership.”
-By Adam Smallman, Dow Jones Newswires; +44 (0) 20 7842 9343; adam.smallman@ dowjones.com (Alessandro Torello in Brussels contributed to this story.)
(END) Dow Jones Newswires
04-03-08 1303ET
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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.
