THE WALL STREET JOURNAL
Shell to Appeal Dutch Court Ruling on Emissions Cuts
By Sarah McFarlane: July 20, 2021 8:24 am ET
Royal Dutch Shell PLC on Tuesday confirmed it would appeal against a Dutch court ruling calling for the oil major to reduce its carbon emissions at a faster pace, saying it was being unfairly singled out.
The energy giant said it was working toward increasing the scale and speed of its plans for cutting carbon emissions, but that the court ruling didn’t take into account the commitments it set out earlier this year to shift away from fossil fuels toward lower-carbon energy due to the timing of the hearings.
The appeal follows a May ruling by the district court in The Hague that Shell must reduce its carbon emissions by 45% by 2030, compared with 2019 levels. Shell said at the time that it would likely appeal, a process that could take around one to two years to be heard, after which it can further appeal in the Dutch supreme court.
The case was brought by environmental groups…
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