{"id":56280,"date":"2021-11-24T06:12:24","date_gmt":"2021-11-23T19:42:24","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=56280"},"modified":"2021-11-24T06:12:24","modified_gmt":"2021-11-23T19:42:24","slug":"enviroment-victoria-shell-powershop-mb2247","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/enviroment-victoria-shell-powershop-mb2247\/","title":{"rendered":"Environment Victoria Pulls Pin On Powershop Partnership"},"content":{"rendered":"

\"Environment<\/p>\n

Fossil fuel major Shell’s acquisition of clean and green electricity retailer Powershop has resulted in Environment Victoria dropping its Powershop partnership like a hot potato.<\/p>\n

Shell announced on Tuesday it will acquire Powershop, an online-only energy retailer serving more than 185,000 customers, through acquisition of parent company Meridian Energy Australia Group. Shell said the acquisition is in line with the company’s “Powering Progress” ambitions to create an integrated power business; with Powershop to form Shell\u2019s residential electricity platform in Australia.<\/p>\n

“This acquisition is another example of how we are continuing to grow our footprint in Australia to meet customers\u2019 evolving needs through the energy transition,” said<\/a> Shell Australia chairman Tony Nunan.<\/p><\/blockquote>\n

“Australia’s greenest electricity provider”1<\/a><\/sup>, Powershop has grown with the assistance of partnerships. Among those was a partnership with Environment Victoria, which received a financial contribution for new customers it referred. Over 6 years, the organisation referred hundreds of customers and the contributions received from the arrangement helped fund campaigns against the fossil fuel industry.<\/p>\n

It’s not difficult to understand the potential problem for the organisation with the new ownership. But perhaps Shell is turning over a new leaf and its acquisition should be applauded?<\/p>\n

Shell has been doing a bit on the renewables front, including acquiring solar battery manufacturer Sonnen<\/a>, and says it is committed to helping build a cleaner energy system in Australia. Last year, the company announced plans to become a net-zero emissions energy business by 2050<\/a>2<\/a><\/sup>.<\/p>\n

But whatever it’s doing is not enough in Environment Victoria’s books.<\/p>\n

“Extremely Disappointing”<\/h2>\n

The organisation’s reaction to the news was incredibly swift – and brutal.<\/p>\n

“..the sudden and extremely disappointing announcement that Royal Dutch Shell will be the new owners of Powershop changes everything. They will now be owned by one of the world\u2019s biggest climate wreckers.”<\/p><\/blockquote>\n

Environment Victoria says<\/a>:<\/p>\n