(The opinions expressed here are those of the author, a columnist for Reuters.)
FILE PHOTO: Coal is unloaded onto large piles at the Ulan Coal mines near the central New South Wales rural town of Mudgee in Australia, March 8, 2018. Picture taken March 8, 2018. REUTERS/David Gray
LAUNCESTON, Australia (Reuters) - A court ruling that Royal Dutch Shell must speed up plans to curb greenhouse gas emissions rocked the global oil and gas industry, but another decision in a case brought by eight school-aged teens and a nun may end up being more significant.
The order by a Dutch court that Shell must drastically deepen its planned emission reductions raised fears in the industry of similar legal actions against other oil and gas majors, and concern that companies will be held liable for meeting court imposed climate change targets.
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IIP Data: Index Of Eight Core Industries Rises In April 2021 IIP Data: Index Of Eight Core Industries Rises In April 2021 IIP Data: The month over month production of eight core industries, as captured by ICI, declined by 15.1 per cent in April 2021.
IIP data for April 2021: Index showed 56 per cent growth
The index of eight core industries or ICI stood at 126.7 in April 2021, showing an increase by 56.1 per cent as compared to the index of April 2020.
The high growth rate in April 2021 was largely due to the low industrial production across all sectors caused by nationwide lockdown imposed to curb the spread of Corona virus last year.
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