ben van beurden has been speaking to our business editor, simonjack, at europe's largest oil refinery through pernis, the largest refinery in europe. globally, shell has a carbon footprint the size of russia's. what you see here is predominantly refinery... chief executive ben van beurden said shell's transition to net—zero is possible but it will need the money from its oil and gas business for many years to pay for it. this facility is going to be transformed. we will produce biofuels. we will produce hydrogen over the horizon. all these things can only be done if you actually have a facility to work with, but also if you have the cash to invest with it, and that cash at this point in time comes from our legacy business. but it's not all legacy. shell wants to develop a new oilfield at cambo in the north sea. how does he justify that? so, tojust say, let's not get our oil and gas demand from our own resources that are probably the most advantaged resources, but let's import it from somewhere else, probably with a larger carbon footprint, i don't think that is going to contribute, of

chief executive ben van beurden said shell's transition to net zero is possible, but it will need theto pay for it. this facility is going to be transformed. we will produce biofuels. we will produce hydrogen over the horizon. all these things can only be done if you actually have a facility to work with, but also if you have the cash to invest with it, and the cash at this point in time comes from our legacy business. but it's not all legacy. shell wants to develop a new oilfield at cambo in the north sea. how does he justify that? so, tojust say, "let's not get oil and gas demand from our own resources that are probably the most advantaged resources, but let's import it from somewhere else probably with a larger carbon footprint," i don't think that is going to contribute, of course not to the balance of payments of the country, but also not to the carbon footprint of the world. shell plans to spend four times as much on oil and gas as on renewables next year, which is why some doubt they can obey a dutch court order to halve its net emissions by 2030 and eliminate them by 2050. eve

chief executive ben van beurden said shell's transition to net zero is possible, but it will need theis going to be transformed. we will produce biofuels. we will produce hydrogen over the horizon. all these things can only be done if you actually have a facility to work with, but also if you have the cash to invest with it, and the cash at this point in time comes from our legacy business. but it's not all legacy. shell wants to develop a new oilfield at cambo in the north sea. how does he justify that? so, tojust say let's not get oil and gas demand from our own resources that are probably the most advantaged resources but let's import it from somewhere else probably with a larger carbon footprint, i don't think that is going to contribute, of course not to the balance of payments of the country, but also not to the carbon footprint of the world. shell plans to spend four times as much on oil and gas as on renewables next year, which is why some doubt they can obey a dutch court order to halve its net emissions by 2030 and eliminate them by 2050. even if you are very generous and ev