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RE: Misperceptions on Shell's latest report

in #finance3 years ago

'Reduce net debt to $65 billion.
On reducing net debt to $65 billion, target total shareholder distributions of 20-30% of cash flow from operations; increased shareholder distributions achieved through a combination of Shell’s progressive dividends and share buybacks.'

'starting at the 2021 AGM, submit an Energy Transition Plan for an advisory vote to shareholders, the first in the sector to do so. We will update that plan every three years and seek an advisory vote on the progress made each year.'

-Hello, I had a quick read and copied these to quotes from your Shell Report Link.

In my opinion, It's made-up imaginary money that they are going to use to give back to the 'shareholders' who are going to vote on an 'Advisory Progess'

I think your right about them waiting for a good price to sell, etc. And the Earth/Environment work differently to Humans made up money system.

'THE ROAD TO NET-ZERO EMISSIONS: A COMPREHENSIVE CARBON MANAGEMENT APPROACH'

The 'Red Road' ? And another quote as it is confusing to read!
RE Responsibility.jpg

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Dang, I didn't think one of the earlier comments I got on this platform would be a screenshot of a book from some Lakota person talking!

The book is 'From the Gathering: The Wisdom of Little Crow' (Carl Bryant)

Have you looked at Exode?

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Exode Link

It's a new game, and it would be nice to have some different words and ideas, It's still in the early stages of development. And the Captains(players) can input ideas and I've read a bit of Lakota Author Sci-Fi in the past(can't remember the name now), A Ghost Walker Robot uprising with Environmental disaster type vibes.