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Shell In The Media


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Shell In The Media

  1. 1. Shell In The Media
  2. 2. Eco Soundings <ul><li>Article by: John Vidal </li></ul><ul><li>Wednesday 4 February 2009 </li></ul><ul><li> </li></ul><ul><li>Shell has just announced $21bn profits, but people living in the Niger delta are not impressed. The Anglo-Dutch company has just ignored yet another official deadline to stop gas flaring and continues to flare in unimaginably large quantities from thousands of its wells. Apart from being wasteful and polluting, the practice is believed to cost Nigeria about $2.5bn a year in lost revenue and electricity. So is Shell bothered? Last week, it blamed its lack of action on the Nigerian government for not providing security for its workers, but was reported to have claimed that it was committing $3bn to addressing the problem. Seeing as it promised to stop flaring more than four years ago, and has been ordered to stop by the Nigerian courts, no one is holding their breath. </li></ul>
  3. 3. Shell supports ending homelessness in Calgary <ul><li>Shell Canada Limited announces a donation of $650,000 to the Calgary Homeless Foundation allowing further work toward ending homelessness in Calgary. </li></ul><ul><li>Calgary has one of Canada's most critical homelessness problems, with more than 4,000 people homeless every night.  As many as 15,000 Calgarians experience homelessness in a year and more than 560 of those will be sleeping outside, twice as many as the City of London, England. Since Calgary is home to more than half of Shell Canada’s employees the company thought it imperative to contribute. </li></ul><ul><li>Shell Canada has invested the money to help cover the Foundation's operating expenses so they can focus on the 10 Year Plan to End Homelessness. The guiding philosophy of the plan is a proven concept called “Housing First,” which puts the highest priority on moving homeless people into permanent housing with the support necessary to sustain that housing. </li></ul>
  4. 4. <ul><li>Calgary’s 10 Year Plan to End Homelessness is available at: - opens in a new window </li></ul><ul><li>“ Today more than ever, we see not-for-profit organizations struggle to find the day-to-day operating funds that are so important in helping to deliver their support to our community,” said Brian Straub, President and Canada Country Chair, Shell Canada. “What’s important is to support the effort – and we believe the Calgary Homeless Foundation’s broad range of agencies is an effective and efficient approach to reduce homelessness and the costs related to homelessness.” </li></ul><ul><li>“ Shell Canada’s support is a key component of the Foundation’s ability to implement Calgary’s 10 Year Plan,” says Tim Richter, President and CEO of the Calgary Homeless Foundation. “Their contribution allows us to operate our own ‘home’ so we can focus on helping others find housing, </li></ul><ul><li>providing supportive housing, and preventing our vulnerable neighbours from becoming homeless.”  </li></ul><ul><li>Since counting began in 1992, homelessness in Calgary has gone up more than 1,000 per cent. </li></ul>
  5. 5. Shell's pipeline costs overflow to $22 billion <ul><li>The escalating financial crisis at one of Shell's most crucial energy projects, already massively over budget, has taken a turn for the worse. </li></ul><ul><li>It is understood that the Sakhalin-2 gas and oil pipeline project, which originally had a budget of $10 billion, could now cost $22bn. The scheme will transport oil and gas from an island off the east coast of Russia. </li></ul><ul><li>Last month the Anglo-Dutch energy giant admitted the project would cost around $20bn, but sources close to the Sakhalin Energy Investment Company, which Shell currently controls, suggest the final bill could be even higher. </li></ul><ul><li>The financial crisis has prompted Gazprom, the state-owned Russian energy giant, to delay rubber-stamping a deal that would see it take a 25 per cent stake in Sakhalin-2. </li></ul><ul><li>Gazprom wants to digest the implications of the huge cost overruns. </li></ul>
  6. 6. <ul><li>It is thought that if the finances continue to run into problems, Gazprom could use the the crisis as a way of buying a larger chunk of the project on the cheap. </li></ul><ul><li>Shell is desperately trying to secure bank loans to help finance Sakhalin-2, which it says will generate $45bn worth of oil and liquefied natural gas. </li></ul><ul><li>Campaigners are calling on the European Bank for Reconstruction and Development (EBRD) to refuse to support the project. Shell executives were locked in meetings with bank officials last week to persuade it to lend the funds, but protesters argue that the environmental devastation caused to the island's rivers and bays by the scheme, as well as the threat to the survival of the endangered Western Pacific grey whale, make the project unsupportable. </li></ul><ul><li>Doug Norlen, policy director at the group Pacific Environment, said: 'This is a test of the EBRD's character. Is it a distinguished institution, or a bank that caves in to special interests and industry pressure?‘ </li></ul><ul><li>Article by: Nick Mathiason </li></ul><ul><li>The Observer, October 16 th 2005 </li></ul>
  7. 7. Shell helps launch a new environmental education program <ul><li>Shell has teamed up with GreenLearning Canada, Pearson College and the University of Victoria to launch an experiential field school in environmental education. </li></ul><ul><li>The Redfish School of Change will open its doors in May 2009. </li></ul><ul><li>“ The Redfish School of Change is designed for young adults who have a passion for finding solutions to environmental and social challenges,” says Ashley Nixon, Sustainable Development Advisor with Shell Oil Sands. “The program helps develop their capacity, competencies and confidence so they can lead their communities into the futures, which is why Shell signed on as founding sponsor of the program.” </li></ul><ul><li>The intensive six-week field school, accredited through the University of Victoria’s School of Environmental Studies, takes participants from the mountains of the Slocan Valley to the west coast of Vancouver Island. Students visit ecologically innovative sites and engage with experts in the fields of environment and social justice. </li></ul>
  8. 8. <ul><li>They backpack in Valhalla Paddle Park and paddle the Fraser River from Hope to Vancouver. Students build skills and develop strategies to bring back to their communities, where they receive six months of post-program support as they follow through on community action projects. </li></ul><ul><li>“ The Redfish School of Change grew out of a shared passion for social and environmental change and experiential education, as well as a strong belief in the capacity of young people to lead,” says Nadine Reynolds, Director of the School of Change. “We thank Shell for their generous support in helping making this school a reality.” </li></ul><ul><li>“ The demand for experiential programs has skyrocketed in recent years and we expect </li></ul><ul><li>this program will be attractive to students,” adds Eric Higgs, Director of the School of Environmental Studies at the University of Victoria. </li></ul><ul><li>The unique field school will offer its first semester in southern British Columbia from May 18 to June 26, 2009. Students can now apply online at (opens in a new window) </li></ul>
  9. 9. Bibliography <ul><li> - opens in a new window </li></ul><ul><li> </li></ul><ul><li> </li></ul><ul><li> </li></ul>