By Eduard Gismatullin
Nov. 13 (Bloomberg) — Royal Dutch Shell Plc, Europes largest oil producer, said regional mechanisms to reduce carbon dioxide output should be expanded into a global cap-and-trade system to ensure more companies are forced to curb emissions.
We need cap-and-trade mechanisms to come up in more parts of the world; we need these mechanisms to be linked to each other, Ranjit Prasad, global head of CO2 trading at Shell International Transport & Trading, said in a video posted on the companys Web site. We need project-based mechanisms for those parts of the world where we dont have mandatory caps.
Under cap-and-trade programs, emitters are permitted to release a certain quantity of polluting gases and are allotted permits for that amount, which can be bought and sold as required. The European Trading Scheme, mandatory for heavy industry and power generators, is the worlds largest such system. There are also voluntary cap-and-trade programs such as the one operated by the Chicago Climate Exchange.
Shell and BP Plc are among companies supporting cap-and- trade. Industries that arent subject to obligatory emissions limits must commit to curbing their carbon output, Prasad said.
Almost 200 countries are due to gather in Copenhagen next month to hammer out the terms of a climate accord to replace the Kyoto Protocol, whose targets expire in 2012.
To contact the reporter on this story: Eduard Gismatullin in London at [email protected]
Last Updated: November 13, 2009 08:08 EST
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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.
