Court orders Shell to slash CO2 emissions in landmark climate ruling
London (CNN Business)A Dutch court has ruled that Royal Dutch Shell must dramatically reduce its carbon emissions in a landmark climate decision that could have far reaching consequences for oil companies.
The company must slash its CO2 emissions by 45% by 2030 from 2019 levels, according to a judgment from a district court in The Hague on Wednesday. That includes emissions from its own operations and from the energy products it sells.
This is the first time that a court has ruled a company needs to reduce its emissions in line with global climate goals, according to Friends of the Earth Netherlands, an environmental campaigning group that brought the case against Shell (RDSA).
The verdict could pave the way for similar cases to be brought in other countries, holding oil companies liable for greenhouse gas emissions from fossil fuels.
http://www.cnn.com/2021/05/26/business/shell-court-case-climate-change/index.html
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