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Shell survey reveals Canadians want more innovation & collaboration in building future energy solutions


News provided by

Shell Canada Limited

Oct 07, 2013, 17:01 ET

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Just under seven out of 10 Canadians rate future of energy needs as a very important issue

VANCOUVER, Oct. 7, 2013 /CNW/ - The results of a new Shell survey, "Future of Energy" conducted by Ipsos, which identifies key issues and challenges in meeting global energy needs, was released today at Shell's Canadian Innovation Summit in Vancouver.

Among the key findings:

  • 68 per cent of Canadians think that the future of energy is a very important issue, and this is higher among women and those over 40;
  • Environment is seen as the most important issue related to future energy needs (27 per cent), above climate change (20 per cent) and cost (20 per cent);
  • Canadians believe innovation, and collaboration between community, industry and government is the most important factor in building future energy solutions, but they also recognise they have a role to play in using less energy and by recycling.

"The survey shows Canadians care about energy and the environment, but also recognise the importance of innovating and working together to explore future energy options," said Lorraine Mitchelmore, Shell Canada President and Country Chair. "For me it's about how we bring innovation and collaboration together with competition. This is what we're asking of participants at our Innovation Summit in Vancouver."

Shell's Canadian Innovation Summit brings together scientists, entrepreneurs, legislators, engineers, campaigners, technologists, regulators, educators, and dreamers from across Canada. They are looking for 'Made in Canada' innovations and adaptations to global ideas that could help Canada realize its energy opportunities.

The Innovation Summit features an array of participants including Colonel Chris Hadfield, retired Canadian Space Agency Astronaut; Lorraine Mitchelmore, Shell Canada President and Country Chair; the Honourable Christy Clark, Premier, Province of British Columbia and the Honourable Lisa Raitt, Minister of Transport.

Jeremy Bentham, Vice President Global Business Environment, Royal Dutch Shell PLC, is also presenting Shell's global Mountains and Oceans New Lens Scenarios that explore two possible ways the 21st century could unfold, with dramatically different implications for society and the world's energy system.

"This is the first time we have looked at trends in the economy, politics and energy on a country specific basis, including Canada," said Bentham. "They highlight the need for business and government to find new ways to collaborate, fostering policies that promote the development and use of cleaner energy, and improved energy efficiency."

The Innovation Summit also features a series of exhibits including a Liquefied Natural Gas display, the University of British Columbia's super-energy efficient car and Shell's oil sands' carbon capture and storage project.

Notes to Editors:

  1. Just under 7 out of 10 Canadians (68%) rate the future of energy needs as a very important issue
  2. Around 1 in 3 Canadians (34%) believe that collaboration between community, industry and government is the most important factor in building future energy solutions
  3. Just under 1 in 4 Canadians (23%) feel innovation is the most important; one of the highest ratings vs. other surveyed countries
  4. Environment is seen as the most important issue related to the future of energy needs (27%); above climate change (20%) and cost (20%); this is highest amongst females and younger Canadians
  5. 2 out of 3 Canadians (66%) think it is very important to reduce CO2 emissions
  6. The majority of Canadians are acting in multiple ways to reduce CO2 emissions
  7. 1 in 2 Canadians (50%) support the export of LNG and other 25% are neutral

About the research:

The Shell Future Energy Survey 2013 was commissioned by Shell Canada and surveying was conducted by Ipsos in August 2013.

A total of 1,511 urban Canadians have been surveyed anonymously via online interviews across the country to assess their views on the future of energy.

Data has been statistically weighted by gender and age to ensure sample representativeness within cities. Data has also been weighted at a total city level to ensure the total is representative of the population of each city.

Royal Dutch Shell plc
Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam, and New York stock exchanges. Shell companies have operations in more than 90 countries and territories with businesses including oil and gas exploration and production; production and marketing of liquefied natural gas and gas to liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects. For further information, visit www.shell.com.

Shell Canada Ltd
Shell has been operating in Canada since 1911 and employs approximately 8,000 people across the country. A leading manufacturer, distributor and marketer of refined petroleum products, Shell produces natural gas, natural gas liquids and bitumen, and is Canada's largest producer of sulphur. Shell is one of Canada's oil sands developers and operates the Athabasca Oil Sands Project on behalf of the joint venture partners.

Cautionary note
The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate entities. In this release "Shell", "Shell group" and "Royal Dutch Shell" are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words "we", "us" and "our" are also used to refer to subsidiaries in general or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies. ''Subsidiaries'', "Shell subsidiaries" and "Shell companies" as used in this release refer to companies over which Royal Dutch Shell plc  either directly or indirectly has control. Companies over which Shell has joint control are generally referred to "joint ventures" and companies over which Shell has significant influence but neither control nor joint control are referred to as "associates". In this release, joint ventures and associates may also be referred to as "equity-accounted investments". The term "Shell interest" is used for convenience to indicate the direct and/or indirect (for example, through our 23% shareholding in Woodside Petroleum Ltd.) ownership interest held by Shell in a venture, partnership or company, after exclusion of all third-party interest.

This release contains forward-looking statements concerning the financial condition, results of operations and businesses of Royal Dutch Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management's current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Royal Dutch Shell to market risks and statements expressing management's expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as ''anticipate'', ''believe'', ''could'', ''estimate'', ''expect'', ''goals'', ''intend'', ''may'', ''objectives'', ''outlook'', ''plan'', ''probably'', ''project'', ''risks'', "schedule", ''seek'', ''should'', ''target'', ''will'' and similar terms and phrases. There are a number of factors that could affect the future operations of Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this release, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell's products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; and (m) changes in trading conditions. All forward-looking statements contained in this release are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional risk factors that may affect future results are contained in Royal Dutch Shell's 20-F for the year ended December 31, 2012 (available at www.shell.com/investor and www.sec.gov ). These risk factors also expressly qualify all forward looking statements contained in this release and should be considered by the reader.  Each forward-looking statement speaks only as of the date of this release 7 October, 2013. Neither Royal Dutch Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this release.

We may have used certain terms, such as resources, in this release that United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC.  U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov. You can also obtain these forms from the SEC by calling 1-800-SEC-0330.

Image with caption: "Shell's Canadian Innovation Summit brings together thinkers from across the world in Vancouver to discuss global innovation and Canada's role in rethinking energy and environment. (CNW Group/Shell Canada Limited)". Image available at: http://photos.newswire.ca/images/download/20131007_C7705_PHOTO_EN_31794.jpg

SOURCE: Shell Canada Limited

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