10.05.2010

Bonus bonus bonus gem

This won't come as a surprise. Here goes though, it's still a gem:

Shell spent $4 million on lobbying in Q2 of this year alone. On what, might you ask? Ah yes, the usual suspects given the blowout, shall we say, since April: offshore petroleum drilling, clean energy legislation, shale gas drilling, and regulation of transportation fuels.

Let's place this number in context. It's nearly double the $2.57 million the company spent last year--that's right, the entire year, not just one quarter--and the $2.27 million it spent in the first three months of 2010.

Proactive stakeholder engagement or trying to prevent basic legislation that's a necessity to avoid future offshore drilling disasters? I leave it to you to decide. Enjoy.

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