Royal Dutch Shell is mapping new routes to bring “cleaner” fossil fuels to India as global investors call for firm commitments from oil companies towards climate change mitigation.
The world’s fifth-largest oil and gas company said India, which is the third largest country in terms of its people capital, is core part of its energy transition in line with the United Nations sustainable development goals and the Paris Climate Change Agreement.
“India is the biggest story for energy for the next 20 years. In terms of demand, India significantly outruns other nations. So, when you talk about energy transition, it most probably will manifest in India,” Harry Brekelmans, project and technology director at Royal Dutch Shell, told ET in an interview.
“In terms of sheer scale and dynamism, it is an interesting country we can think of. It is not only the scale or speed at which the demand is changing but the nature of demand, especially you think about sustainable solution.” Read More