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Problem fossil fuel stranded assets a real one, says Tim Yeo

2015-02-16 14:10:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: Conservative MP and chairman of the energy and climate change committee, Tim Yeo has said that the problem of stranded assets within the fossil fuel industry is real. The comments come as the chief executive of Shell said the current energy debate was nave. Speaking at the International Petroleum Week annual dinner, Ben van Beurden, head of Shell, claimed that the climate change debate often boiled down to fossil fuels out, renewables in, adding that this is a nave view of a sustainable...

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