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Shell calls for carbon market gov intervention-paper

LONDON, Nov 25 (Reuters) - Royal Dutch Shell's RDSa.L chief executive has called on governments to intervene in carbon markets, the Guardian reported in its Wednewsday editions.

Peter Voser told the Guardian that action needed to be taken to make expensive green projects like carbon capture and storage (CCS) economically viable.

He cited the example of Shell’s CCS project in Australia, where the government has introduced a carbon tax, or a minimum price of carbon. “That is the way of making sure it gets the support,” he said. (Reporting by Michael Taylor; editing by Carol Bishopric) ((michael.taylor@reuters.com; +44 207 542 0919; Reuters messaging: michael.taylor.reuters.com@reuters.net))

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