Shell Wins Appeal Against Earlier Court Ruling to Cut Emissions

The Dutch Court recently reversed an earlier ruling issued by The Hague Court of Appeals in 2021, favoring the British oil giant, Shell plc (SHEL) . The ruling issued in 2021 required SHEL to reduce its carbon emissions drastically by about 45% from the base 2019 levels by the end of 2030. The ruling came during the ongoing COP29 climate summit in Azerbaijan and could have a major effect on the future of climate litigations. The Dutch Court stated that although SHEL was required to reduce emissions, which t ...