Shell's Energy Transition: Getting Heavy on Renewables

Shell said it will still sell the oil and gas the society needs, while adapting its portfolio to lower-carbon energy, “when this makes commercial sense.”

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Yep, now is the prep stage, but all the big boys will be ready when the 'commercial sense' time arrives. I think this report sort of defines how everyone should be thinking. Yes, a big change is coming, but like all change, there is a significant transition period. Not just this juvenile thinking along the lines of "oil bad, renewables good" and then a bunch of politics on both sides. It's a process. 

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also said: 

That potential future: By 2050, renewables could overtake oil, gas and coal as the primary energy source; by that date, it could be “impossible” to purchase a new internal combustion car; and by 2070, there could be 10,000 carbon capture plants operating globally.

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