Royal Dutch Shell Plc  .com Rotating Header Image

October 4th, 2022:

BBC News Shell boss says taxing energy firms to help the poor is ‘inevitable’

BBC News

Shell boss says taxing energy firms to help the poor is ‘inevitable’

By Tom Espiner: Business reporter, BBC News: 4 Oct 2022

Taxes on firms within the oil and gas industry are “inevitable” to help the poorest people, the outgoing boss of Shell has said.

Ben van Beurden said that energy markets cannot behave in a way that “damage a significant part of society”.

Households in the UK have been under pressure from rising energy bills as gas prices have soared.

The UK government under Liz Truss has pushed back against extending a windfall tax on oil and gas firms.

Last week, the EU agreed emergency measures to charge energy firms on record profits. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Joke of a company

04 Oct 2022

The content below is sourced from current verifiable customer reviews of Shell Energy published on Trustpilot.

After long last they decided to call me…

After long last they decided to call me about long loss of internet, to say were going to rub this in your face, it’s tough we dont pay for loss of internet. What a utter discrace of customer care, through this, from first reported. Words cannott describe the behavior of this company.

Date of experience: 03 October 2022

Joke of a company read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

‘Tax people in this room’ to help the poor, Shell CEO tells energy conference

REUTERS

‘Tax people in this room’ to help the poor, Shell CEO tells energy conference

Published 04 Oct 2022

European governments should tax the wealthy to help weaker parts of society weather soaring energy costs but not intervene to cap gas prices, Shell Chief Executive Officer Ben van Beurden said on Tuesday.

Speaking before the Energy Intelligence Forum in London, Van Beurden said that European energy prices and the huge volatility in the markets threatened broader social instability.

“You cannot have a market that behaves in such a way … that is going to damage a significant part of society.”

“One way or another there needs to be government intervention” in the face of soaring energy prices, Van Beurden said. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell chief: governments may need to tax energy firms more to help the poor

The Guardian

Shell chief: governments may need to tax energy firms more to help the poor

Ben van Beurden also warns against EU moves to cap price of gas and electricity to protect consumers

Alex Lawson Energy correspondent: Tue 4 Oct 2022 12.35 BST: Last modified on Tue 4 Oct 2022 12.48 BST

The chief executive of Shell has said governments may need to tax energy companies further to fund efforts to protect the “poorest” people from soaring bills.

Ben van Beurden, the outgoing boss of the oil and gas company, told an energy conference in London: “One way or another there needs to be government intervention. Protecting the poorest, that probably may then mean that governments need to tax people in this room to pay for it.

“I think we just have to accept as a society – it can be done smartly and not so smartly. There is a discussion to be had about it but I think it’s inevitable.” read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell CEO Says Governments Need to Tax Energy Firms to Help Poor

Bloomberg

Shell CEO Says Governments Need to Tax Energy Firms to Help Poor

Governments need to tax energy producers to help the poorest people deal with the soaring cost of fuel, said the boss of Shell Plc.

Bloomberg News: William Mathis: Oct 4, 2022

(Bloomberg) — Governments need to tax energy producers to help the poorest people deal with the soaring cost of fuel, said the boss of Shell Plc.“

One way or another there needs to be government intervention,” Shell Chief Executive Officer Ben van Beurden said at the Energy Intelligence Forum, a major conference for oil and gas producers in London on Tuesday. “Protecting the poorest, that probably may then mean that governments need to tax people in this room to pay for it.” read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Comment Rules

  • Please show respect to the opinions of others no matter how seemingly far-fetched.
  • Abusive, foul language, and/or divisive comments may be deleted without notice.
  • Each blog member is allowed limited comments, as displayed above the comment box.
  • Comments must be limited to the number of words displayed above the comment box.
  • Please limit one comment after any comment posted per post.