“In this report, we have argued that Shell will face a trilemma with respect to these questions. It can achieve only a maximum of two out of three goals. The three goals Shell is aiming for can be described as:
Goal A continuing to operate as an oil and gas giant profiting from consuming ever greater portions of the global carbon budget; Goal B continuing to pursue high shareholder returns; and Goal C transforming itself into a major renewable energy player.
For a just transition, Shell can achieve only one of the three goals.”
Good insights in this report from SOMO - Stranded: Why Shell is unable to navigate the just transition trilemma
