Maarten Wetselaar

Royal Dutch Shell plc

Integrated Gas & New Energies Director

Maarten Wetselaar is Integrated Gas & New Energies Director and member of the Executive Committee of Royal Dutch Shell. Mr. Wetselaar is responsible for Shell’s Integrated Gas business, including the industry-leading LNG and GTL positions. He also leads the New Energies business, including Shell’s investments in low-carbon electricity, new fuels, and new business models for a lower carbon future. Mr. Wetselaar oversees 38 countries for Shell, including Australia, China, Japan, Qatar, Russia, and Trinidad & Tobago. After joining Shell in 1995 he held a variety of financial, commercial and general management roles in Shell’s Upstream, Downstream, and Trading businesses in Europe, Brazil, Ghana, the Middle East, and Russia. In 2009, Mr. Wetselaar became Executive Vice President, Finance, in Upstream International. From 2013 to 2015, he served as Executive Vice President for Integrated Gas, based in Singapore. Mr. Wetselaar holds a master’s degree in economics from the University of Groningen and a post-doctorate controllers degree from VU University Amsterdam in the Netherlands.

SESSIONS WITH Maarten Wetselaar

Friday, 5 March

  • 11:25am - 11:55am (CST) / 05/mar/2021 05:25 pm - 05/mar/2021 05:55 pm

    Plenary

    How to Think about the Energy Transition

    Panel Markets/Economics/Strategy Energy Transition/Climate & Sustainability
    The 2015 Paris Accord marked a new era in climate diplomacy: it replaced the vision of unified global climate policy with nationally determined contributions—with each country designing its own emissions reduction pathway considering national conditions, resources, and constraints. The shared ambition of keeping global warming “well below 2 degrees C” would, it was hoped, encourage individual countries to be ambitious, aligned, and cooperative. In advance of COP26, scheduled for November 2021 in Glasgow, Scotland, more than 100 countries, including the European Union, Japan, and South Korea, have pledged carbon neutrality by 2050. Most are developed economies where energy consumption is flat or growing very slowly. But what of the lower income countries with fast-growing energy needs, where economic growth requires increased supplies of low-cost, high-reliability energy and expanded transportation? How will the global energy transition play out for them? Will they be prepared to limit economic growth to reduce emissions? Will richer countries finance a faster transition for them? And, if so, what trade and tariff responses would we expect? And how will global companies respond?