i lead shell oil company, the u.s. subsidiary of royal dutch shell in the netherlands. shell's position on climate change has been publicly documented for nearly three decades. as early as 1991, our annual reports discussed concerns about climate change. our first sustainability report in 1998 noted that human activity and the use of fossil fuels could affect the climate. shell has issued a sustainability report every year since, and the subsequent reports have discussed climate change and the challenges that it poses. shell has long advocated for governmental policies that will reduce fossil fuel demand, stimulate innovation in cleaner energy technologies and reduce greenhouse gas emissions, and ensure access to reliable and affordable energy. shell strongly advocated for the united states to remain in the paris climate agreement and later to rejoin it. shell has a long history of advocating for carbon pricing such as waxman/markey which passed the house in 2009. shell supports a number of provisions in the pending infrastructure legislation related climate change and

shell has made these promises before. shell pledged to spend 6 billion between 2017 and 2020 on renewable energy. how much did shell actually spend? the answer is about half. ms. watkins, does this look like a huge undertaking to you? >> congresswoman, what i can tell you is that there needs to be both a demand and supply of clean energy, which is why we're working closely with our customers so that that demand increases over time, and we are ready to supply. >> to me, this does not look like an adequate response to one of the defining challenges of our time. this is green washing. shell is trying to fool people into thinking it's addressing the climate crisis, but what it's actually doing is to continue to put money into sos -- fossil fuels. mr. summers, do you recognize the following statement, ban on federal leasing would derail decades of u.s. energy progress? >> i do. congresswoman. >> that's your statement. how many of the department of interior's approved and ready to drill permits are currently unused? >> congress

i lead shell oil company, the u.s. subsidiary of royal dutch shell in the netherlands. shell's position on climate change has been publicly documented for nearly three decades. as early as 1991, our annual reports discussed concerns about climate change. our first sustainability report in 1998 noted that human activity and the use of fossil fuels could affect the climate. shell has issued a sustainability report every year since, and the subsequent reports have discussed climate change and the challenges that it poses. shell has long advocated for governmental policies that will reduce fossil fuel demand, stimulate innovation in cleaner energy technologies and reduce greenhouse gas emissions, and ensure access to reliable and affordable energy. shell strongly advocated for the united states to remain in the paris climate agreement and later to rejoin it. shell has a long history of advocating for carbon pricing such as waxman/markey which passed the house in 2009. shell supports a number of provisions in the pending infrastructure legislation related climate change and

shell numbers are next. conversation with the ceo, and ursula von der leyen, the eu commission president, will be on later. this is bloomberg. ♪ moving is a handful. no kidding! fortunately, xfinity makes moving easy. easy? -easy? switch your xfinity services to your new address online in about a minute. that was easy. i know, right? and even save with special offers just for movers. really? yep! so while you handle that, you can keep your internet and all those shows you love, and save money while you're at it with special offers just for movers at xfinity.com/moving. anna: good morning. welcome to bloomberg markets europe. the cash trade is less than an hour away. here are your headlines. one activist investor thinks shell should break off its renewables and marketing businesses. we get the oil major's results shortly. supply chain pain. plus, it

this would equate to a 450% increase in gas production for shell. they are necessary to limit the most dangerous impact of climate change. earlier this year shell appealed in order by dutch court to cut emissions by 45% by 2030. can you tell me does shell plans comply with court order o cut emissions by ha% by 2030. you can say yes or no. >> one of the reasons we put out the goal we put out today is because we see an opportunity to accelerate our progress strategy. cutting our one and two emissions by half by 2030 is a new target. >> is that a yes or no? i'm asking you yes or no because i don't have a lot of time. >> we're in the process of appealing the dutch court action. we have many targets between now and then to hit, we are appealing the court order because we don't think the court is the right place to decide this. >> so, it sounds like even though shell's transition strategy called for cutting emissions by 2030, the company is resisting efforts to get there. is that because shell transition strategy to reduce the intensity of its carbon out

this year, a court ordered royal dutch shell to cut its global carbon emissions by the end of 2030 by 45 percent of 2019 levels and the ruling wards of an eminence. violation of the company's legal obligations to reduce dangerous the human life, which it knew about shall, is appealing against that judgment, but activists hope things like the petition will push it to act to curve the growing climate emergency and confront him with a daily. i'm confronted with and so when i see the new, when i see a news about refugees coming because there's no possibility to live in their countries. i see it when the oil prices are rising in england. i see it in every day and i think we should just act shells as it respects the right to protest, but called this action on its property unsafe and illegal. it also says it's important. it lets customers know about lower carbon options. wire advertising port authority say there was barely any disruption to shipping traffic, but the message has been delivered. a call for europe to act over what big energy companies claim about their green credentials. nadine

campaigners scale this silo belonging to shell as part of a direct action.ls played their part, calling for an end to all fossil fuel advertising and sponsorship in europe. the new greenpeace reports claim 2/3 of recent social media ads amount to greenwashing. >> it could be argument -- advertising that shows renewable energy, even if it only constitutes a tiny percentage of their investment, or it could be what we call false solutions, promoting offsetting schemes that will allow you to continue driving your car as if nothing has happened. >> greenpeace is one of more than 20 groups aiming to get one million signatures for a petition to the european commission. if they do, brussels must consider passing legislation. they want a ban on public transit that runs on fossil fuel. a court ordered royal dutch shell to cut its global carbon emissions by the end of 2030. by 45% of 2019 levels. the ruling warned of an imminent violation of the country's legal obligations to reduce dangerous to human life which it knew about. shell is appealing the judgment, but activ

what they want to happen is to split shell into two parts.ould be a more est friendly company consisting of chauffeured this far as renewables in new energy. you will realize his plans to transform shell and make it fit a low carbon world. he needs that cash wave of to date to pay for tomorrow. that is where the argument will live. we have already seen engine one, an excellent strategy. you have that moment which shall. without there was going to be a sustained attack. francine: if you were an active investor, this would be the sector you want to be involved in. >> absolutely. huge questions about what the strategy is during the energy transition. on one hand, investors who say oil has access to a cash flows. give us that money and we will decide how to spend it. don't make decisions on how to build energy transitions. on the other hand, there is an increase. they are developing remissions, i think there is a sense that they want to exploit the company's. they are split into two. tom: how much weight should be put on the comet around emission

i've been in the shell. she's up new book and getting a bunch of us can like, i don't believe she did. i get up with you about it if you're finding way, but i did it presently. shell a demo, a 100 lab work on, but did al hm. the last june identical us in the it is you now go, our body said, ah, lay we update content, including the mini mom like the mom. i'll home the lab be not exact, you can please not mom. the i'm a different duty, a full law. it we what, what, what the gate you can i'll come on. i'm on min down with little minor league. what is it got on to come monday and wanted to get some a color? yep. do you want to you want to michel, my son. i want to, michael was a d. i went to will digital. anybody did you month to my be it will the like a good up in a like with this with our buddy not look lot ah, with the fact i knew he did them. i did, you call it up but what some of the other like we are hard enough and want to leave me up with a, with these on monday. not, not, not apply to get anyone. what d

precisely, and i this is an ammonite shell. what we have found — this is an ammonite shell. what we have found it you can _ this is an ammonite shell. what we have found it you can still- this is an ammonite shell. what we have found it you can still do - this is an ammonite shell. what we have found it you can still do it. - have found it you can still do it. it have found it you can still do it. it is _ have found it you can still do it. it is actually _ have found it you can still do it. it is actually cheaper, _ have found it you can still do it. it is actually cheaper, faster, i have found it you can still do it. i it is actually cheaper, faster, far greener— it is actually cheaper, faster, far greener still— it is actually cheaper, faster, far greener stilljust _ it is actually cheaper, faster, far greener stilljust simply - it is actually cheaper, faster, far greener stilljust simply put - it is actually cheaper, faster, far. greener stilljust simply put stone buildings — greener stilljust simply put stone buildings up — greener stilljust simply put stone buildings up

as with the environmental pressure group, scaled this side of belonging to shell as part of a direct action. they also blocked off parts of rotterdam port with this 30 me to boat, while small vessels played their part, calling for an end to all fossil fuel advertising and sponsorship in europe, a new greenpeace reports claims 2 thirds of recent social media adds by the likes of shell and total amounted to what it calls, green washing. it could either be advertisement that chill or renew of where energy, even if the renewable energy cossick is only a very, very tiny percentage of their investment. or it could also be what we will call full solutions. so for instance, a promoting affective teams and that will allow you to continue driving your car as if nothing has happened. greenpeace is one of more than 20 groups. aiming to get a 1000000 signatures for a petition to the european commission. if they do brussels must consider passing legislation. they want a ban on advertising that includes vehicles, flights, or fairies that run on fossil fuels. but here in the netherlands, it's the oi

a bus is targeted in a marketplace shelled. the u.n. says civilians must be protected. taliban officials push for recognition and talks with regional powers in moscow. but human rights concerns continue to stand in the way. the arctic is heating twice as fast as the rest of the world. our report from greenland, where innuit people are struggling to adapt to the changing climate. ♪ hello. we begin in brazil where report into the countries coronavirus response has pointed the finger a blank at president bolsonaro. and recommended he faced criminal charges, including crimes against humanity. the draft report followed a six-month investigation. and still needs to be voted on by the senate committee and could be vetoed and altered. momitted is an early recommendation to charge bolsonaro with murder. they say the decision to accuse him of crimes against humanity is not political but technical aimed at preventing a judge from throwing out the report. a genocide charge would've related to brazil's indigenous population, including the devastating shortage of oxygen in the amazon

. >> okay, brother >> i'll see you soon that's jim lebenthal shares of royal dutch/shell. i think jimmy used to own that, too. sparking on a new activist mode. jenny is following that for us another interesting letter from there loeb >> very interesting. basically what's going on here and this is according to a letter that we obtained that they sent out to shareholders. they're pushing and kind of pressuring shell to do something here while stopping short of any kind of proxy fight. they're not looking for an overhaul of the board and they're not looking for any management refreshment or anything to that matter yet. >> yet >> exactly let's put that caveat in there. >> at this stage it's very early days in that position and they built up a stake in the second and third quarters and i am told that the stake size is anywhere from 500 million to $1 billion and so far they've pretty much taken their position and they're not looking to add it unless it's opportunistic at this point in time, but basically what they're saying here and i'm going to quote directly from the letter, t

so these companies that offer shell companies and so forth, they reside in jurisdictions where they are abiding by the laws of, say, the british virgin islands or cypress or other places around the world, and you're right, to point out that there is not anything necessarily illegal about that. but it does create a lot of problems. it leads to tax evasion. these offshore systems are often exploited by criminals to hide ill-gotten gains, corrupt politicians and just -- as you put it at the top of the show, just the very, very wealthy moving money and hiding money in ways that the rest of us simply can't or don't tend to do. >> greg, as you noted in the article in the wake of the pandora papers and the scrutiny that came from that is this practice is ongoing from some of the people you mentioned. one of them is russian leader vladimir putin. there is this headline in your piece. secret money, swanky real estate and a monte carlo mystery. >> this is an interesting story, and it has to do with a woman from st. petersburg who is alleged to have a secret relationship with vladimir putin in the

to the publishers of these documents, making very clear that there was no attempt to hide at these shell companies from public view. though of course, there may be a domestic impact within jordan itself, given the fact that the sums were being spent, while those within the country were arguing about the economic situation. but the fact is that the king abdullah did use shell companies according to the papers, to obtain a series of properties in various parts of the world, are spending money in excess of a $100000000.00. it is said, i must state to as well that these investigations have been compiled over 18 months . now the results are going to be released on a daily basis, focusing on some of this massive trove of documents. now also mentioned in the documents is the fact that the u. s. is becoming something of a tax haven that points to south dakota, for example, where a tax laws have allowed a number of international figures to secrete funds. once again, there is no lock wrong doing necessarily alleged. the fact is that the facts of what is happening are simply being pointed out in th

exxon, shell, bp or do you try to engage _ exxon, shell, bp or do you try to engage with _ exxon, shellth those businesses goes back a lot of the oil— engage with those businesses goes back a lot of the oil majors - engage with those businesses goes back a lot of the oil majors will- back a lot of the oil majors will tell you. — back a lot of the oil majors will tell you. if— back a lot of the oil majors will tell you. if you _ back a lot of the oil majors will tell you, if you divest - back a lot of the oil majors will tell you, if you divest yourselfl tell you, if you divest yourself that _ tell you, if you divest yourself that doesn't _ tell you, if you divest yourself that doesn't mean _ tell you, if you divest yourself that doesn't mean the - tell you, if you divest yourself that doesn't mean the stuff. tell you, if you divest yourselfj that doesn't mean the stuff as it could _ that doesn't mean the stuff as it could happen, _ that doesn't mean the stuff as it could happen, ill— that doesn't mean the stuff as it could happen, illjust_ that doesn't mean the stuff as it could happen,

all of the fellow with the shell special for shuttle realty is all that good. yeah. you ally that i saw, but so for 3 minutes, an eagle for days, even weeks and months. the draft house. that's how aerial forest protection service smoke jumpers described themselves there on the front line fighting wildfires. but notice it expect the water from overhead just brings the temperature down than main weapons against wild fires. are shovels, explosives, backfires, and muscles. with we began filming in your kuta, it's forests were ablaze, but the local authority wouldn't declare a state of emergency. the situation was critical. the aerial forest protection service had to transfer reinforcements from other regions, but it took a day and a half by bus to get to the fire. they hadn't been able to find a helicopter. at the same time, another team they were rushing to help were defending a nearby village and barely made it out in time to save their own camp. a shuffle shot i'm yolks is ella. we're going, we'll eligible shelf companies in the area where the lord said you was this a

s. congress, the ceo's of exxon mobil, chevron b, p. america and the president of shell. we're aust mount by rolls and down playing the threats of climate change. you as president joe biden is struggling to finalize the sas of spending bells. he doesn't appear to have the full support of his democratic party for as one point. $75.00 trillion dollar program ought and made a red trip to meet senators of the capital to urge them to back the package. these are not about love versus roy, or moderate versus progressive or anything else to pitch americans against one. this is about competitiveness versus complacency, competitiveness versus complacency about expanding opportunity not opportunity didn't. and i spoke leading the world or letting the world passes by the u. k. as sudden the french ambassador off to the seizure of a british fishing vessel. the 2 countries are at odds about fishing licenses in the english channel following breaks it. the espionage case against america's former president mauricio mccray has been suspended. he's accused of ordering intelligence agencies

the second thing is shell companies, why do we allow this?d the third thing is put stricter demands on offshore tax havens. there is a blacklist of tax havens which is a shambles but could potentially be an effective instrument. the british virgin islands, bermuda or any other place, we can do it if we want to, but we need the political will. reporter: there is also -- we've had a string of leaks like this. do you think citizens are frustrated? do you think they feel politicians are doing enough to prevent it? >> yes, i am impatient too and wanted done today, that it will not be done today and it takes time. but with public pressure and political pressure, it will change. i see progress in that sense and i remain optimistic. reporter: thank you for joining us. anchor: that was the chair of the european union parliament's committee on taxes with our reporter. if you are having problems connecting to social media, you are not alone. major outages have hit facebook and the other apps it owns, including instagram and whatsapp. facebook says servi

what percentage is shell to retrain workers in renewable? >> i don't have a number, but what i'll work to get some. we have off shore and-- . >> i'm sorry. >> and now i hope-- >> i'm going to run out of time. thank you for the commitment to work with the committee. >> and what percentage is retraining your workers? >> we are creating entire business units, spending up to $5 billion a year by 2030. >> will you provide the committee with actual percentages? >> yes, we will. >> i think the point here is putting profits before people like those in my districts and workers in their own companies is the reason this crisis is so dire. one scientist says what we do in the next 10 years will matter in the next 10,000 years. and i believe what we do in the next 10 days will be the predict-- the build back better is a workers justice bill and we must act with urgency. thank you and i yield back. >> the gentle lady yields back. the gentleman from kentucky is recognized. >> thank you, madam chair, mr. summers, what do you predict the demand for oil will

third stake is going after royal dutch shell and pushing for a breakup. >> a source says third pointas taken a stake up to $1 billion and believes shell to be divided into as many as four divisions here's the thinking, if i could quote from the letter that third point sent to investors about the holding. dan lobe writes, quote, shell has too many competing stakeholders pushing in too many different directions resulting in an incoherent conflicting set of strategies attempting to appease multiple interests, but satisfying known lobe writes some shareholders want the company to move more aggressively into renewables and others want shell to prioritize for turn of capital. lobe notes shell is one of the cheapest large companies in the world trading at four times the firm's estimated 2022 ebitda but it is important the note third point is not yet looking to nominate directors or overhaul management. there is no proxy fight outlined at this point in time. we reached out for comment. >> fascinating we could be entering an era of this kind of pressure on these companies. one of the question

with an automatic rifle strapped to his chest shells a took us through the garbage strewn alley ways of la celine, a sprawling slum. he urged us to show the world, the desperate poverty in which millions of haitians live out their lives. without basic sanitation, healthcare education, or hopes for a better future. although he is the feared leader of a violent criminal gang, cheryl z a appears to be trying to reinvent himself as a leader, a man of the people who are battling a corrupt system. and the current government led by prime minister arielle henri, who shares a condemns. no ma'am, got boom, able look. we'll see. also see that we are fighting for another society with another haiti. there is no only for the 5 percent of the people who keep older. well figured but a new hater where everyone can have food, clean water, so they can have a decent house to live in another haiti where we don't have to leave the country. we get their b shiraz. a also stands accused of masterminding, numerous assassinations and massacres, including one in 2018 that killed up to 25 people. he denies all t

the papers alleged that he established a number of shell companies registered only to him not to jordan, and not to his family, which bought a huge amount of property in various parts of the world in the united kingdom. in the united states, even here in washington dc where he is reported to have poured 3 condominiums overlooking the potomac river. this does have a ramification, obviously for his public image. though his lawyers insist that there was no wrong doing involved. they have sent a letter to the drafters of the icy i j report, pointing out that the king is not liable for taxes and jordan as he does not pay taxes as monarch. also that there was no intention of hiding these accounts that the funds used were the king's personal funds. i also the lawyers are maintain that some of the properties that are mentioned in the report are no longer registered to the king. so these are the issues that will be unraveled in the days ahead. as further details of this reporting is released, but even this limited information that we have to date without the full information . it is of an embarr

a military bus is targeted and a market place shelled the u. m. 's are civilians must be protected. taliban officials push for recognition that talks with regional powers in moscow. but human rights concerns continue to stand in the way. and the arctic is heating twice as fast as the rest of the world are report from greenland, where any people are struggling to adapt to the changing climate. and it will begin in brazil where a report into the countries. corona virus response has pointed the finger of blame at president j a ball, so narrow and recommended he faced criminal charges, including crimes against humanity. the draft report followed a 6 month investigation and still needs to be voted on by the senate committee and could be vetoed and altered, emitted from the document is an earlier recommendation to chargeable to narrow with genocide and murder. of the senator say, the decision to change the recommendation to accuse him of crimes against humanity isn't political, but technical aimed at preventing a judge from throwing out their report. a

p. america, i'm the president of shell, appeared before the u. s. congress. they were asked about by roles in down playing the threats of global warming. it's the 1st time the oil bosses have testified under oath on the subject. heidi j a counselor has his report. it's been a year of historic wildfires in the american west. deadly freezes in the south and record breaking flooding in the east. the fury of these weather disasters likely amplified by climate change nearly matched by the anger of democrats on the house oversight committee, who grilled oil and gas ceos on thursday. there are more of us than there are of you. you can poison the planet to make money, but we're going to defend the planet so we can live and we will win. find it in yourself today to tell the truth. it will be better for your company's futures and will be better for humanity's future. the purpose of the hearing, according to the democrats, who called it, was to force the oil and gas industry to admit that it knew of the harm of burning fossil fuels for decades, but chose not to tell the

about about the the shelling came in the early morning hours when children were on their way to school. as a result, majority of the victims were young children alert up la are the highest considered one of the most densely populated cities in the opposition held area. they thought the, as you would expect, most of the residents here have been displaced from other areas within syria. it might be very hot upon that la, following the recent bombardment, residents have started to leave the city which is situated on the south end of the aleppo le takia highway. it is a strategic geographical location as it is the connecting point between the opposition held areas in the north with those in the south of it lived. don't mean them. now the man accused of killing 17 people at a fired a high school back in 2018 has pleaded guilty, and course nicholas craze was expelled from monterey steinman douglas high school to stays before the shooting. and jury will now decide whether he should be executed or sentenced to life in prison. and gallagher as falling to batten's forest from miami, essentially b

and there was a, a moment in the hearing where they, the executives from b, p, an shell were given the opportunity to tell the american petroleum institute to represent their skated positions in favor of electric vehicles. and they, they did not, they were silent rights. and some democratic lawmakers are saying that they do want to model what's happening today. over the over the house is big tobacco probe, as it was known back in the 19 ninety's which revealed that companies had in fact, burried evidence that cigarettes were addictive and harmful. do you think there's a, a comparison to be made between both? yeah, i mean, there is definitely a comparison. these companies have employed a lot of the same strategies. they've been some cases in employed, some of the same p r firms and relied on some of the same scientists to spread this information. and there are an important efforts moving forward to, to hold these companies accountable through the, through the courts as happened with the, with the tobacco industry and, and they, they hearing in 1994 where that 7 tobacco ceos stood up and

a shells later this week. tomorrow intelligence chiefs from the 3 countries met on tuesday, china no curious, closest ally, an trading partner to school for all parties to exercise restraint. but it stops with condemning the tests they doing has been accused of hindering the you and report to plugins response to the sanctions. in early october, north korea reopened communications which sol for the 1st time in months one diane is pushing to formerly and the korean war which has technically been going on since the 1950s. an act he hopes will help bring pyongyang back to the negotiating table . katrina, you out a 0 beating now germany says it will not close its border with poland as eastern europe faces what's been described as a man made migrant crisis. berlin has proposed joint patrols with poland to contain the number of people crossing. the european union accuses by the roots of allowing migrants mainly from rock in syria to freely cross into poland. the block says it's in retaliation for sanctions against th

a shell company gives people a cloak of invisibility.ngs from president of global financial integrity. what can be done with the way in which money is hidden by the wealthiest people in the world? is there any regulation that can happen to rein it in, especially when you talk about the massive disparity of rich and poor? >> right. it is basically the companies allow tax avoid yans and of laws of all kinds in the home countries and what you see over and over again. a good number of people are not just avoiding taxes but hiding profits away from creditors or from other people that they ought to be giving the money to, for example, law enforcement. i don't know how much more that the -- the government has a lot -- i'm sorry. the government has a lot more to do. been trying for many years now. they have something in europe called the common reporting standard and in the u.s. a similar law that says if a foreigner comes into the country and deposits money then our authorities will contact their authorities so that there's a sort of bilateral

and shortly after government forces shelled a marketplace in the rebel held province of in live. the u. n. has condemned the violence calling on all sides to ensure the protection of civilians. has the latest a rare attack in the heart of the syrian capital. a military bus was the target. many were killed and injured. when, according to stake, media to explosive devices went off. the bus was at a transport point under the east bridge and damascus. these kinds of attacks haven't happened in years, particularly since 2018 when government forces cleared the armed opposition strongholds around the city. though there has been no claim of responsibility. but the syrian regime is facing threats on multiple fronts. i remain the end of the declared candidate in syria and early 2019 by the joint forces of the us. and yet did not mean the end of the year had this organization, which was the threats and security challenge. especially after the change of statutes of the stomach state, which is largely focused on the site attack are not long after the explosion. syrian government troops heavil

the tools we need effective public health tools and effective medical tools are increasingly empty. shells are getting shoppers in the garden fates nervously eyeing the calendar. amid the far approaching holiday season, it's been caused by a major disruption to the national supply chain. over the last fortnight, dozens of ships that us forth idling in the water's still waiting to be unloaded. and then it has of course wrecked havoc for the global supply chain. shortage of port operations and truck drivers in the us has led the traffic jams at dark and empty shop shells. the government claims the bullets have been overwhelmed due to a surgeon demand and a booming economy. the public though, is not convinced. it's led to get more gloomy reading for 0 barton. over half of those quiz than a new nation wide survey believe the ministration is dealing badly with economic matters, concerns for the group of summers. the u. s. transportation secretary took place, so i need to leave for 2 months. i made a logistics crisis. lauren shen has the details. let's talk about the outrage over p. buddha judge

one thing i am looking at the downside is royal dutch shell.he ecb keeping monetary policy loose, and the president christine lagarde facing pressure to push back on markets petitions that the ecb will need to start tightening like other central banks. she spoke about the decision to keep stimulus on track after the meeting. >> inflation, inflation, inflation. we expect it to rise further because of energy prices, but also as the recovery and demand is outpacing constrained supply. the supply bottlenecks will fade. the economic actors are such that they are going to reconnect supply and demand. we are fully committed to our 2% inflation in the medium-term. we expect inflation to decline in the course of next year. we are convinced that our assessment and our projections at this point in time are correct. the art of repetition and the determination of our convictions should eventually come through. francine: let's get straight to enter garth way -- to andrew garth of credit suisse. is it really about the ecb not pushing back forcefully enough, o

ago, halliburton was investigated by 60 minutes, they were doing a story on them because they had a shellompany in the cayman islands and it was occupied by no one. it might've been money laundering. and i know that they get all the military contracts and so forth, so i would like for you to speak to that. guest: such a great question. you are probably more up to speed on that case than i am, but there are a number of cases like that of military contracting that we do not know ultimately where all the money goes to, and unfortunately the latest and very important case, an example of that, is in afghanistan, where our top source or top destination of aid is in the world. and a lot of that money ended up in corruption. and sewing resentment against america. that is what produces a military that will not be so inclined to fight for their corrupt leaders. an echo of that same situation could potentially be in jordan, where one of the biggest regulations in the "pandora papers", the king of jordan spend more than $100 million on lavish properties around the world. he's already embattled over c

the rachel ray shell guy ferries, a triple g guys. groceries don't confuse it with a triple b. now i'm a real future fan that this is a triple di and triple g. so don't confuse and be poppy plan the food network. but what i'm most struck by is i, i think i saw light up the great a g. i'll explain a shelly over some pork to dish and trust me that woman is a killer chefs. are good for super chef for beating her on guys tournament of champions season one and 2. he is now the lead judge and the new food competition series. and this made me laugh, i lot, tiny food fight, tiny food fight is currently available for streaming on discovery. plus. that's a long way of saying, please welcome darnell super chef burgersson. hey jeff, how you doing? fantastic. how about you? so i'm good brother, i appreciate your carbon. some time out for us. i know you were i, i heard were earlier, you were going to try to do it from the car in such a a good egg. but as he was with his kid sounds like your dad duty to day brother. yes. and i bribed him with candy to be quite a canadian a world made me not t

how much is shell spending on renewable energy? >> between two to $3 billion. >> two to 3 billion on renewables and energy solutions. in your testimony, you said, quote, the demand for the reliable energy while simultaneously addressing climate change is a huge undertaking and one of the defining challenges, shall has made these promises before and pledged 6 billion between 2017 and 2020 on the renewable energy. how much of that did shall actually spend? the answer is about half. does this look like a huge undertaking to you? >> there needs to be both a demand and supply of clean energy which is why we are working closely with our customers so that demand increases over time. >> to me this does not look like an adequate response to one of the challenges of our time. this is greenwashing. shell is trying to fool people into thinking it's addressing the climate crisis but what it is actually doing is continuing to put money into fossil fuels. mr. summers, do you recognize the following statement? banning the development on federal la

this is ben van burden of royal dutch shell, and b, p. c. o bernard, luni, take listen. oh, the way to will produce as an uses. energy is visibly changing. oh, but to meet the most ambitious goals of the parent agreement, change needs to happen faster. oh, shell is becoming an energy business for the future and it's playing, it's bought to help drive that chain. want to change because it's the right thing for the world. and it's a tremendous business opportunity for b. pete, we're heading to net 0 and there is no turning back. ah, sylvia, you're smirking when you see that ad sylvia, is she that the giggle there, but it's serious stuff. i mean what, what, what comes to mind? i mean from what i'm saying that this is almost there and text it green washing and especially from 2 companies that we know are still massively investing in fossil fuels. and i'm sure you have notice at what the showing t to display in these ads. a's nothing. i like their business. what we're lookin i, what we're seen in this ads isa wynn palms and solar panels. and dead blue sky and green fields. an

the bullets and shells were music to me. i glory in it. delighted and fascinated me. i fear not death in any form but when the battle was won and i visited the field a change came over me seed the war before but it was necessary. we were battling for our rights and the a just war. the invader must accept the fate he deserves and we must as it becomes men. quite a dramatic letter and that's just part of it. we are seeing a shift in his thinking but also as we see in many other soldiers at this time the solidification of their thinking about their cause. i think that's important to note that another thing that jumps out at pelham's writing bid to survive is the use of we will be men and i'm paraphrasing at their a little bit. a little bit. he wants to be a man, an honorable man fighting in this war and i do find it a bit ironic that so many writings about him continue to refer to them as a boy does look very young but he wants to be seen as a man to keep that in mind. he tells it like he's fighting in the war in the summer of 1861 and it adds layers to consider mighty -

love pre, if i'd been in the shell, she's up new book and getting up on the shell like i don't believe she's to log it off me. think about it. if you're finding my product, it doesn't show a demo, a 100 lab work on, but did al hm. the last june identical us in the 8 digit al gore, our body said, ah, with like, we afraid confirm things with him in any mom like the mom. i'll 100, i've been exact. you can please not mom. the i'm a different duty, a full law. it we what, what, what the gate you can i'll come on. i'm on min down a little money get what is it got on? come on. don't want to get some kind of yep. do you want to you want to michel, my son. i want to michael has a d. i went to will it just you month to my be it will the like a really good up in a month with our buddy not look lot ah, in the fact i knew he did them. i did. you call it up, but what's the value of what we are and want to leave me up with a quality one with what we want a lot to get anyone. what did what happened when you started here late? you know, moon button. well if they would like we do with it, but it would a

when did often a surprise to change your mind, you mom with those things like that is a down with a shell. it's exactly right. do you agree with them? let's put it as a formula. me is there a discussion with a with this is their father anatoly bull mock and waving his hand from the tent swamps, knee deep water and high winds conditions. his squad recently waited 24 hours to be evacuated from a just go back with that. you're always, all of my thought about this is be amanda. got about how we partner out or we're with she was at the 4th. i'm glad we're going to look at the card. so we come on the spot sites with was out of here to get a couple dumbbells idea. a will start off with this was to land region where ariel forest protection service smoke jumpers got caught in a fire trap to survive. they dived into an icy river and poured water on each other . i said, yeah, it's a big war decor that i wasn't sure where you're shown us with us. any of them was recall the most the deal with the, with the benefits for the, for near, with a lot with a macbook i came to bleach. humans here, for my view