BNEF Brief: Shell CEO Pledges to Spend Billions on New Energies

The transcript discusses the investment strategies of major oil companies like Shell, BP, and Total in green energy. Shell's $2 billion annual investment in clean energy is highlighted, showing its lead over competitors. The discussion includes recent acquisitions by Total and BP, and future spending projections, emphasizing the need for significant CapEx redistribution to meet 2030 goals. However, the uncertainty of returns from power investments remains a concern.

What was the amount Shell spent on its new energies division in 2016?

What was the total annual spending of Shell across all its businesses?

How does Shell's spending on clean energy compare to that of BP and Total?

What percentage of CapEx does Ecuador plan to spend on clean energy by 2030?

What challenges do oil companies face in achieving returns from their investments in clean energy?