Shell CEO Calls For Higher Taxes To Protect Consumers ...Middle East

OILPRICE - Economy
Shell CEO Calls For Higher Taxes To Protect Consumers
source : OILPRICE ( Middle East ) () 26
The current energy crisis cannot be left to the roiled market to sort itself out and will need smart government intervention by taxing the wealthier to shield the most vulnerable consumers, according to Shell’s chief executive Ben van Beurden. “One way or another there needs to be government intervention,” van Beurden told the Energy Intelligence Forum in London on Tuesday.  “A government intervention that somehow results in protecting the poorest, that probably may then mean that governments need to tax people in this…

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