The Impact Of Dutch Court’s Ruling On Shell
Late last month a Dutch court ruling sent shockwaves throughout the oil and gas industry after Royal Dutch Shell PLC was found to be “partially responsible for climate change”. Shell has been ordered to significantly reduce their current ‘absolute carbon emissions’ output. From their 2019 levels, Shell must reduce their emissions by 45% by 2030. Q1 2021 hedge fund letters, conferences and more Dutch Ruling On ShellThe ruling has been a long time in the making. In 2019, Milieudefensie, the Dutch arm of Friends of the Earth, an environmental non-profit, filed the initial lawsuit, which was then ...