FRANKFURT, March 1 (Reuters) – Royal Dutch Shell Plc (RDSa.L) Chief Executive Peter Voser defended the oil giant’s retreat from some green technologies to concentrate on oil and gas production in an interview with the German daily Frankfurter Allgemeine Zeitung.
Shell withdrew from its solar business because it was not prepared to make the required investments, Voser told the newspaper adding that alternative fuel for cars remained problematic.
Voser said Shell was investing between 20 percent and 25 percent of its research budget into biofuels, an area where the company still sees potential.
But Voser cautioned that second generation biofuels will take years before they become viable arriving on markets, “late this decade…if at all.”
Biofuels, hybrid technology and electric cars still faced difficult technological hurdles, and may even cause other problems, the Swiss chief executive said.
“In the next 40 years, the number of vehicles in the world will double,” he said.
Demand, he said, will come mainly from Asia, where many polluting coal fired power stations generate electricity, there could be a step backward from an environmental standpoint.
Voser said he does not expect massive growth for oil demand in the short-term. “Because 2010 is a difficult year for the world economy, particularly the second half, when stimulus measures come to an end,” he said.
“We will probably also continue at a slow pace in to 2011. But in the medium term, global demand for oil and gas will rise.”
(Reporting by Edward Taylor, Editing by Leslie Gevirtz)
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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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