Royal Dutch Shell is not the only major oil company calling for more policy certainty on emissions, according to the FT. Both Total and Conoco-Phillips have also made similar calls recently for co-ordinated government action on curbing emissions and promoting trade in emissions permits.
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True to their history as the first company to apply seriously the ideas of scenario planning, oil major Shell has released two scenarios for the future development of energy markets. The two scenarios are:

“In the Scramble scenario, nations rush to secure energy resources for themselves, fearing that energy security is a zero-sum game, [...]