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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.
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 no...
A court in The Hague is ordering the oil producer to slash emissions by 45 per cent compared to 2019 levels
By Diederik Baazil, Hugo Miller and Laura Hurst (Bloomberg) — Royal Dutch Shell Plc was ordered by a Dutch court to slash its emissions harder and faster than planned, dealing a blow to the oil giant 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 afternoon, ordering the oil producer to slash emissions by 45% compared to 2019 levels. The ...