EconomyLens.com
No Result
View All Result
Friday, October 9, 2026
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Business

Brazil prosecutors sue Shell for $108 mn over deadly 2024 floods

Natalie Fisher by Natalie Fisher
October 9, 2026
in Business
Reading Time: 6 mins read
A A
0
19
SHARES
235
VIEWS
Share on FacebookShare on Twitter

A flooded street is seen in Porto Alegre, Rio Grande do Sul State, Brazil in May 2024. ©AFP

Brasília (AFP) – Brazilian prosecutors on Friday filed an unprecedented lawsuit against oil giant Shell’s subsidiary in the country, demanding $108 million in compensation over deadly 2024 floods. Torrential rains sparked historic flooding in southern Brazil in April and May of that year, leaving nearly 200 people dead, 500,000 more displaced, and massive damages.

Related

BMW pulls car lease offer from German far-right politician

Saint Laurent designer Vaccarello leaves after glittering decade

US suspending Microsoft from visa program: Vance

Britain’s Burnham says open to Germany joining warplane project

French luxury giant to fund redevelopment of two Paris streets: city hall

According to the lawsuit, Shell’s liability should match its contribution to global warming — estimated at two percent of historical global greenhouse gas emissions. “This civil suit is aimed at holding the defendant company accountable, in terms of its environmental and climate-related responsibilities, for collective material and moral damages stemming from the extreme weather event that hit Rio Grande do Sul state,” public prosecutors said, according to court documents seen by AFP. They said the British energy giant should be held responsible because of its past and current greenhouse gas emissions associated with exploration, production, and sale of fossil fuels. The $108 million in compensation accounts for both material and moral damages.

The filing of a new climate-related suit by Brazilian prosecutors — in conjunction with Instituto Preservar, a Brazilian NGO — marks a new phase in the global battle in the courts against oil giants. “This is the first time a national public prosecutor is suing an oil major for a climate disaster,” Maria Antonia Tigre, the director of global climate litigation at the Sabin Center for Climate Change Law, told AFP. For Thales Miola, a lawyer at Instituto Preservar, “the costs of climate damage should not fall solely on society and on those who lost everything in the tragedy.” “Major polluters, who contribute significantly to greenhouse gas emissions and to climate change, must also answer for the losses they help cause,” Miola said in a press release.

– A shift toward the courts – NGOs and lawyers around the world have filed claims in recent years to try to require a major polluter to compensate people harmed or threatened by climate change, wherever they live, in proportion to the company’s greenhouse gas emissions. German courts moved toward that principle last year in a case brought by Peruvian farmer Saul Luciano Lliuya against energy company RWE. Although they rejected his claim for compensation, the courts left the door open to holding major emitters liable for climate-related payments.

Similar lawsuits are now pending in several countries, including cases brought by Philippine victims of Typhoon Odette against Shell in the UK, residents of Indonesia’s Pari island against cement maker Holcim in Switzerland, and Pakistani farmers affected by 2022 floods against RWE and Heidelberg Materials in Germany. There have also been setbacks. Climate groups have lost lawsuits against oil companies in the United States. And in New Zealand, the government changed the law to block a lawsuit brought by Maori activist Mike Smith against six domestic companies, but he has vowed to continue the fight.

© 2024 AFP

Tags: climate changefossil fuelslawsuit
Share8Tweet5Share1Pin2Send
Previous Post

Trump hails Russia deal to release diesel as midterms loom

Natalie Fisher

Natalie Fisher

Related Posts

Business

HSBC ‘consults’ over UK unit job cuts amid AI adoption

October 8, 2026
Business

Moldova to name new power line after Donald Trump

October 7, 2026
Business

As sector struggles, Porsche puts luxury ahead of volume

October 7, 2026
Business

Fierce lobbying in EU over ‘forever chemicals’

October 7, 2026
Business

Paris Women’s Fashion Week: the key trends

October 6, 2026
Business

New investor forecasts LIV Golf teams could be worth $100 mn each

October 6, 2026
0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
0 Comments
Oldest
Newest Most Voted
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

104

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Brazil prosecutors sue Shell for $108 mn over deadly 2024 floods

October 9, 2026

Trump hails Russia deal to release diesel as midterms loom

October 9, 2026

Stocks rise as Trump says Russia to release diesel to world markets

October 9, 2026

Turkey jails 2 journalists pending trial for fund crisis ‘misinformation’

October 9, 2026
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Your Privacy Choices

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2026 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.