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Shell loses climate case that may set precedent for Big Oil

Shell was ordered by a Dutch court to slash its emissions harder and faster than planned, a ruling that could have far-reaching consequences for the rest of the global fossil fuel industry.

Shell loses climate case that may set precedent for big oil

MONEYWEB app instead? A ruling that could have far-reaching consequences for the rest of the global fossil fuel industry. By Diederik Baazil, Hugo Miller and Laura Hurst, Bloomberg 27 May 2021  08:33  Image: Bloomberg Royal Dutch Shell Plc was ordered by a Dutch court to slash its emissions harder and faster than planned, a ruling that could have far-reaching consequences for the rest of the global fossil fuel industry. Shell, which said it expects to appeal the ruling, has pledged to reduce its greenhouse gas emissions by 20% within a decade, and to net-zero before 2050. That’s not enough, a court in The Hague ruled Wednesday, ordering the oil producer to slash emissions 45% by 2030 compared to 2019 levels.

Shell loses climate case that may set precedent for Big Oil

Shell loses climate case that may set precedent for Big Oil
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Shell loses climate case that may set precedent for Big Oil

Shell loses climate case that may set precedent for Big Oil
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