Shell says: it's natural gas and biofuels, baby

In Malaysia, Royal Dutch Shell Plc CEO Peter Voser said the company will focus on natural gas and biofuels, seeing biofuels as the only low-carbon transport fuel that can be scaled up fast enough to tackle carbon emissions from transport in the next 20 years.

On renewable energy, Voser said: “Our scenario planners believe by the middle of this century, about 30% of the world’s energy demand could be met from sources such as wind, solar and biomass.”