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Oil giant Shell wins appeal against landmark Dutch climate ruling to slash emissions
SHELShell Global(SHEL) CNBC·2024-11-12 07:54

Oil storage silos beyond waterlogged land at the Shell Plc Pernis refinery in Rotterdam, Netherlands, on Sunday, Feb. 11, 2024.A Dutch court on Tuesday ruled to dismiss a landmark climate ruling against Shell, after the oil giant was ordered to drastically reduce its global carbon emissions back in 2021.The outcome, which comes during the opening days of the COP29 climate summit in Azerbaijan, marks the latest twist in a precedent-setting case that could have far-reaching implications for the future of clim ...