Liz Hypes News Today

Kenya plans to mothball or convert oil-fired power plants to cleaner liquified natural gas by 2030.

AFP, PARIS Carbon-polluting corporations and their investors face a rising tide of climate litigation, according to a report released Friday, two days after a Dutch court ordered oil giant Shell to slash its greenhouse gas emissions. Companies operating in rich economies — Britain, the EU, Australia and especially the US, which accounts for the vast majority of cases to date — are most vulnerable to future legal action, business risk analysts Verisk Maplecroft found. But the report also high...

Rolf Vennenbernd/dpa via AP 28 May 2021 Companies operating in rich, successful capitalist economies including Britain, Australia, Germany, France, Japan, Canada and especially the U.S. must prepare for an onslaught of activist-driven climate litigation, a report released Friday warns. The prediction of expensive judicial activism comes in the wake of a Dutch court decision Wednesday ordering oil giant Shell to slash its greenhouse gas emissions in this decade or face punitive financial retribu...

Corporations face crescendo of climate litigation Issued on: 28/05/2021 - 10:22 "We are seeing climate litigation expand into countries where climate activism is lower by the threat of climate change is more significant," said climate risk analyst Liz Hypes Adrian DENNIS AFP/File 3 min Paris (AFP) Carbon-polluting corporations and their investors face a rising tide of climate litigation, according to a report released Friday, two days after a Dutch c...

26 May 2021 15:54 GMT Updated  27 May 2021 9:10 GMT A court in the Netherlands on Wednesday told Shell to cut its carbon emissions far more aggressively than currently planned, in what climate activists claimed as a landmark ruling with implications for fossil fuel groups globally. The Shell ruling came on a turbulent day for the worlds oil giants, with fellow supermajors ExxonMobil and Chevron also under pressure over their decarbonisation plans. A Dutch judge ordered Shell to reduce CO ...