Shell Wins Appeal Against 2021 Climate Mandate, Court Cites Insufficient Science for Specific Cuts

Benzinga 2024-11-12

Views 391

Shell has successfully appealed a 2021 ruling requiring it to reduce emissions by 45% by 2030. A Dutch court decided on Tuesday that there isn’t enough scientific consensus to mandate a specific reduction percentage. This decision is a setback for climate groups aiming to hold companies accountable for emissions. Experts noted that the judgment affirmed Shell's duty to reduce emissions, while future legal questions on corporate responsibility in climate action remain open. Shell shares dropped less than 1% following the news.

Share This Video


Download

  
Report form