EconomyLens.com
No Result
View All Result
Tuesday, May 13, 2025
  • 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

Dutch climate group launches new case against Shell

David Peterson by David Peterson
May 13, 2025
in Business
Reading Time: 5 mins read
A A
2
19
SHARES
235
VIEWS
Share on FacebookShare on Twitter

The group wants Shell to stop investing in new oil and gas fields. ©AFP

The Hague (AFP) – Dutch environmental group Milieudefensie said Tuesday it was launching a new legal case against Shell, aiming to stop the fossil fuel giant from investing in new oil and gas fields. In November, the Dutch Appeals Court ruled against Milieudefensie and other climate NGOs, quashing a landmark judgment from 2021 that said Shell had to reduce emissions by 45 percent by 2030.

Related

Customer data stolen in Marks & Spencer cyberattack

Air Force One: iconic jet gets the Trump treatment

Nissan posts $4.5 bn annual net loss, to cut 20,000 jobs

Copenhagen to offer giveaways to eco-friendly tourists

Copenhagen to offer giveaways to eco-friendly tourists

However, that appeals court did say Shell had to make an “appropriate contribution” to the objectives of the Paris climate agreement, without giving the firm a clear emissions reduction target. The Paris deal committed all nations to cut carbon emissions to limit warming to two degrees Celsius (3.6 Fahrenheit) above pre-industrial levels and encouraged them to aim for 1.5 degrees.

In a letter to Shell, Milieudefensie accused the company of being “in breach of its legal duty of care under Dutch law due to its continued investment in new oil and gas fields.” “The science is crystal clear. There’s a legal momentum,” said Sjoukje van Oosterhout, who is in charge of the case at Milieudefensie.

Shell responded in a statement sent to AFP: “As we have said many times, what Milieudefensie wants will not advance the energy transition.” “The transition needs collaboration between governments, businesses, and consumers,” added the firm, which said it was “one of the largest private investors in the Dutch energy transition.”

Milieudefensie pointed to proposed increases in production and sales of fossil fuels by Shell after 2030, confirmed by the company at its Capital Markets Day in March. “Shell fully or partly owns 700 undeveloped oil and gas assets,” said Milieudefensie, citing data and modeling from Rystad Energy, an energy consultancy. “These assets, if developed, could cause 5.2 billion tons of additional CO2 emissions into the atmosphere,” said the NGO, noting this was 36 times the Dutch emissions in 2024.

Milieudefensie also wants the court to force Shell to cut emissions to a level compatible with the Paris Agreement’s 1.5-degree goal after 2030. The group has appealed to the Supreme Court against the Appeals Court’s November ruling, but the judgment only takes into account the period up to 2030. In March, Milieudefensie also began a legal case against top bank ING, aiming to force the institution to halve carbon dioxide (CO2) emissions by 2030.

© 2024 AFP

Tags: climate changefossil fuelsrenewable energy
Share8Tweet5Share1Pin2Send
Previous Post

US inflation cooled in April as Trump rolled out tariffs

Next Post

Stocks mixed after cool US inflation and as rally tapers

David Peterson

David Peterson

Related Posts

Business

Indians buy 14 million ACs a year, and need many more

May 12, 2025
Business

Trump hails Air Force One ‘gift’ after Qatari luxury jet reports

May 12, 2025
Business

‘Treasure hunt’: tourists boost sales at Japan’s Don Quijote stores

May 13, 2025
Business

As Trump family’s Gulf empire grows, rulers seek influence, arms, tech

May 11, 2025
Business

British Airways owner unveils big Boeing, Airbus order

May 10, 2025
Business

Japan’s Panasonic targets 10,000 job cuts worldwide

May 9, 2025
Next Post

Stocks mixed after cool US inflation and as rally tapers

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
2 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • 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

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

New York ruling deals Trump business a major blow

71

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

71

Stock markets waver, oil prices edge up

65

US consumer inflation cooled in April as Trump rolled out tariffs

May 13, 2025

US consumer inflation cooled in April to lowest level since 2021

May 13, 2025

Stocks mostly higher on cool US inflation

May 13, 2025

Europe’s biggest ‘green’ methanol plant opens in Denmark

May 13, 2025
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.

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
© 2025 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.