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From: Denc 🗡
Cunt of the Month - Winner…. Burnham’s climate adviser invests in fossil fuels Steven Fries holds shares in Shell, BP and TotalEnergies through tracker funds, despite issuing net zero advice government climate adviser has been accused of “unbelievable hypocrisy” over his shares in fossil fuel companies. Steven Fries, a member of the Climate Change Committee (CCC), which issues influential advice on the Government’s net zero plans, holds shares through market tracker funds in Shell, BP and SSE as well as TotalEnergies, a French oil company, and Iberdrola, a Spanish energy firm. Mr Fries co-wrote a report last month warning ministers that expanding Heathrow airport was not “currently compatible” with reaching net zero by 2050. The CCC suggested expansion could only go ahead if airlines were forced to pay for the removal of emissions, which would raise fares and price people out of flying. It also urged the Government to phase out petrol cars and gas boilers rapidly, cut meat consumption by 35 per cent and replace farmland with woods. Shares in Shell, BP and Total have all surged by more than 20 per cent in the past year as the price of oil soared amid conflict in the Middle East. Mr Fries faced criticism over his holdings as Andy Burnham addressed the Cop31 climate summit, promising a “new era of British leadership” on net zero. The Prime Minister, the only G7 leader to attend the summit, used his speech at the annual conference in Turkey to suggest his counterparts were not taking climate change seriously enough. Mr Fries, a former chief economist at Shell who joined the committee in 2023, said he held an internationally diversified portfolio of shares, which tracked major stock indices in Europe and the United States. He declared the shares in his register of interests, describing them as having “direct exposure to UK fossil and low carbon energy supply”. In its report on Heathrow, the CCC recommended that the Government only approve a third runway if the aviation industry used an increasing proportion of sustainable aviation fuel and paid for the permanent removal and storage of carbon dioxide.

Current Thread	Author	Time
Cunt of the Month - Winner…....[more]	Denc 🗡	19:59:10
>> Burnham rushing back to approve Rosebank	Hamsterwheel	20:03:41

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