Shell bets on biofuels

Green Car Congress reports that "during a presentation on Shell’s updated strategy, Van der Veer said that he did not expect the company’s current investments in wind, solar and hydrogen 'to grow much more at Shell from here due to the portfolio fit and the returns outlook compared to other opportunities.'

Van der Veer also said that carbon capture and sequestration (CCS) was a key technology focus for the company."

Original article

• Shell Alternative Energy Strategy Now Focused on Biofuels; Little Growth for Wind, Solar and Hydrogen