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Fossil fuel industry must take stranded assets seriously, says Tim Yeo

2015-02-15 19:03:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The chairman of parliaments energy and climate change committee has joined those warning the fossil fuel industry to take the threat of stranded assets seriously, and believes Shell is wrong to write off critics as naive. Tim Yeo, a veteran Conservative MP and nuclear enthusiast, also expressed alarm at the latest delays at the new Hinkley Point building project in Somerset, saying he hoped they would not lead to eventual cancellation. Shells chief executive, Ben van Beurden, told a dinner...

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