Investment in energy is on track to recover by nearly 10% in 2021 as the world emerges from the COVID-19 pandemic, the International Energy Agency (IEA) said on Wednesday, but spending will fall far short of meeting urgent climate goals. More of the $1.9 trillion in investment is projected to shift toward electricity than ever, .
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LONDON (Reuters) - Residents of Maceio have filed a lawsuit in a Dutch court against Brazilian petrochemicals company Braskem SA over cracks and sinking ground near salt mines in the Brazilian city, their legal representatives said on Monday.
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The case is the latest attempt by local communities to seek compensation from large commodities companies in European courts after the UK Supreme Court on Friday allowed Nigerian residents to sue Royal Dutch Shell (RDS) in England over years of oil spills.
“This is, sadly, yet another case of a giant corporation that is more than happy to exploit the natural riches of an area but has had little consideration for those who live in it,” Gabriella Bianchini, partner at global law firm PGMBM, said in a statement