Shell chief hints energy companies should pay more tax

By Agence France-Presse

Oct 06, 2022 12:05 am

LONDON: Shell's departing chief executive officer indicated on Tuesday that governments should 'probably' tax energy firms more to help protect the poorest from rocketing electricity and gas bills and ease the cost-of-living crisis.

In an address to the Energy Intelligence Forum, Ben van Beurden, who will leave the oil titan at the end of this year, said 'you cannot have a market that behaves in such a way... that it's going to damage a significant part of society. You simply cannot have that.'

A Shell gasoline station at night in Hong Kong on Aug. 30, 2022. AFP PHOTO

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