Angus Gillespie | Clearing the air: Ensuring long-term value to Shell by addressing climate change





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Published on Jan 21, 2015

"Clearing the air: Ensuring long-term value to Shell by addressing climate change and pricing carbon" Carbon pricing mini-series
Angus Gillespie, vice president for CO₂ , Shell
Energy Seminar - January 12, 2015

Strong and stable carbon pricing is an essential step to tackle the rising level of CO2 in the atmosphere. The RDS Chairman was present in New York during the recent UN Climate Summit and we were pleased to support the World Bank’s statement on carbon pricing. CCS fitted to power plants, could be a real game-changer, removing up to 90% of carbon dioxide emissions from power generation. CCS is critical to address climate change because it is the only technology that tackles the absolute level of CO₂ in the atmosphere. Other technologies improve efficiency and help to slow down the rate, but not the total volume of CO₂ in the atmosphere.

Description of the Carbon Pricing mini-series: While the U.S. does not have a national policy for pricing CO2 emissions, individual states and corporations have adopted their own local carbon pricing rules. This mini-series will feature speakers from the California Air Resource Board, the Royal Dutch Shell Company and the Carbon Disclosure Project (a monitor group) to illustrate the emergence of both mandatory and voluntary carbon pricing schemes.

Brief Bio:
Angus is VP CO2 based in The Netherlands. His is a centralized team that oversees Shell’s overall CO2 emissions and accompanying financial exposure with a cross-business, global basis. Angus was previously responsible for strategy development in Future Fuels & CO2, where Shell’s biofuels growth plans were generated, and before that for the Shell Renewables business. Prior to switching to the “green side of the business” Angus worked in a variety of commercial roles in Shell’s upstream businesses in Aberdeen, The Hague and Houston.

Before joining Shell in 1999, Angus worked in strategy development roles in several companies and industries including insurance, transport and the UK power sector including for both of the integrated Scottish electricity companies. He is an economist by training and a strategist by profession, with a degree in Economics and an MBA. Angus is married with one daughter and a Scottish terrier. His main pastimes are marathon running and other endurance sports – such as supporting his favorite Scottish football team.



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