What The Shell Climate Case Means For Big Oil ...Middle East

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What The Shell Climate Case Means For Big Oil
source : OILPRICE ( Middle East ) () 10
Global oil and gas companies could be facing a major legal threat if the Dutch court ruling on Royal Dutch Shell sets an international precedent. In a case by Dutch NGO Milieudefensie (Environmental Defense) against Royal Dutch Shell (RDS), the court ordered that the oil giant will have to reduce its CO2 emissions by 45% from 2019 levels. Shell has always claimed that it is doing its utmost to keep in line with both the Paris Agreement and growing societal pressure. The court order, however, has made meeting these goals a legal prerequisite. According…

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