34 citizens ‘understand’ (recognize) uncertainties in climate science; recognition of uncertainties becomes part of the ‘conventional wisdom’”. The memo also includes notes about funding sources, specific strategies and tactics, and how they will measure progress and success. Q27: What are CIEL’s key findings or conclusion, if any, in this Shell Report? A27: Our analysis of the documents unearthed by Jelmer Mommers of De Correspondent, together with documents gathered through CIEL’s own research, revealed a contrast between Shell’s internal discussions and its public actions during a critical window for climate action. Together, these documents prove that Shell, like ExxonMobil had early, repeated, and often urgent notice of climate risks linked to its products. Despite these warnings, and contrary to its public image, Shell maintained active membership in an array of industry trade groups and front groups that carried out a decades-long campaign of climate denial and climate obstruction. Just as significantly, more than six decades after it was put on notice of climate risks from its products, Shell continues aggressively pushing to open new oil and gas horizons—including the rapidly melting Arctic. • Shell’s new Sky Scenario, discussed below, epitomizes this dichotomy: Shell’s model sets out a vision to meet Paris goals, even as the company acknowledges that it has no intent to pursue that vision. • The new revelations pose risks not only for Shell itself, but for other oil majors whose role in the climate crisis have received relatively less attention. • Finally, our findings demonstrate that while these investigations may have begun with ExxonMobil, Exxon did not act in isolation and the conduct of other major oil producers should and likely will be further investigated. Q28: In your Shell Report, there was also a mention of Shell’s “Sky Scenario.” Could you briefly explain what is this all about? A28: In March 2018 Shell released a scenario analysis which purports to demonstrate a potential pathway by which the global community could limit atmospheric warming in accordance with the Paris Agreement. This is one of several Shell scenarios which outline how future energy production and consumption may evolve. Q29: What is CIEL’s analysis, if any, on Shell’s Sky Scenario? A29: While CIEL believes that all fossil fuel companies should engage in robust scenario analysis and disclose those analyses to investors and the public, Shell’s Sky Scenario serves more as justification for continuing the status quo than as a potential roadmap for de-carbonization and climate change mitigation.