Mon 4 Mar 2013
Well to be fair, they actually think it is going to be natural gas, but at least they mention solar.
Shell Predicts that Natural Gas or Solar will Become the No. 1 Energy Source
By Charles Kennedy | Sun, 03 March 2013
Royal Dutch Shell (NYSE: RDS.A) has just released new forecasts for its ‘New Lens Scenarios’ program, which aims to predict how current business decision and policies may unfold over time and affect the markets in the future.
Peter Voser, the CEO of Shell, explained that the scenarios “highlight the need for business and government to find ways to collaborate, fostering policies that promote the development and use of cleaner energy and improve energy efficiency.”
The scenarios take two different approaches: one considers the world with a high level of government involvement, and the other looks at the markets when they are given more freedom to develop naturally.
With high government involvement in dictating energy and policies, Shell believes that natural gas will flourish to become the number one energy source in the world over the next couple of decades, overtaking coal and helping to reduce carbon emissions.
Go there and read. More later.