'One of the Corporate Scandals of Our Times': Shell Posts Record $10 Billion in Profits

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'One of the Corporate Scandals of Our Times': Shell Posts Record $10 Billion in Profits
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'We have a choice: protect fossil fuel profits or protect the future of our planet,' said jeremycorbyn

According topublished in late March, the company knew about the destructive impacts of oil and gas in the 1970s—well earlier than previously known—and still plowed ahead with fossil fuel production. Shell and other oil giants have also recently been accused of"As temperatures soar from Madrid to Mogadishu, Shell is once again posting bumper profits while promising to keep extracting fossil fuels for years to come," Charlie Kronick, senior program adviser at Greenpeace U.K.,on Thursday.

"The U.K. government should stop issuing new oil and gas licenses and force Shell and the rest of the industry to start using their obscene profits to pay for the damage that their fossil fuel habit is causing to lives and livelihoods around the world," Kronick added.

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