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Shell Loses Landmark Climate Case in Ruling with Global Implications for Big Oil By Bart H. Meijer, Ron Bousso and Shadia Nasralla | May 27, 2021 THE HAGUE/LONDON – A Dutch court ordered Royal Dutch Shell to drastically deepen planned greenhouse gas emission cuts on Wednesday, in a landmark ruling that could trigger legal action against energy companies around the world. Shell said it was “disappointed” and plans to appeal the ruling, which comes amid rising pressure on energy companies from investors, activists and governments to shift away from fossil fuels and rapidly ramp up investment in renewables. Judge Larisa Alwin read out a ruling at a court room in The Hague, ordering Shell to reduce its planet warming carbon emissions by 45% by 2030 from 2019 levels. ....
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. Thatâs not enough, a court in The Hague ruled Wednesday, ordering the oil producer to slash emissions 45% by 2030 compared to 2019 levels. ....
La justice néerlandaise enjoint à Shell de réduire ses émissions de CO2 lequotidien.lu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lequotidien.lu Daily Mail and Mail on Sunday newspapers.
Shell loses climate case that may set precedent for 'Big Oil' greekherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from greekherald.com Daily Mail and Mail on Sunday newspapers.
Shell ordered to cut emissions in landmark Dutch climate case wionews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wionews.com Daily Mail and Mail on Sunday newspapers.