Clean energy solutions are not moving fast enough to meet the UN targets for curbing the effects of global warming, and alternative energies are unlikely to meet those targets without policy support, Charles Holliday, the chairman of oil supermajor Shell, said on Thursday. “Our analysis says we could solve this problem with the technology we have, but there is not enough pull to get it over in the kind of time frame that the scientists say we really need to avoid that,” the Washington Examiner quoted Holliday as saying at an energy innovation forum in Washington D.C. “Unless there is big policy action, which drives the technology, we’re just not going to get there,” Shell’s chairman said. Policymakers could incentivize companies like Shell to invest more in clean energy by keeping predictable and constant federal funding over a period of 10 years, Washington Examiner quoted Holliday as saying. Another […]