
Posted by John Donovan: 30 May 2024
The big win so far was a 2021 Dutch court ruling that ordered Royal Dutch Shell to slash carbon emissions by 45% by 2030. Shell’s response? Pack up and move headquarters from the Netherlands to London and rebrand as Shell plc. Classic.
In a move that’s both dramatic and probably futile, three climate nonprofits and eight individuals have filed a criminal complaint in Paris against the board, CEO, and major shareholders of French oil behemoth TotalEnergies. They accuse these corporate overlords of engaging in criminal activities due to their “contribution to climate change and its fatal impact on human and non-human lives.” But, in a plot twist that surprises no one, prosecutors have yet to take any action, and formal criminal charges are about as likely as a snowstorm in the Sahara.

Posted by John Donovan: 30 May 2024
According to some sneaky insiders who prefer to remain anonymous (probably to keep their jobs), the British oil giant will start swinging the axe within months, mostly targeting European employees.
Posted by John Donovan: 28 May 2024


Posted by John Donovan: 21 May 2024
Posted by John Donovan: 21 May 2024
Posted by John Donovan: 17 May 2024
So, here we are, with Norway’s wealth fund playing the concerned yet passive shareholder, Shell deftly dodging real climate action, and the planet continuing to warm. What could possibly go wrong?

Charles Hall from Peel Hunt warns that if Shell goes, it’s going to be an absolute hammer blow for London, with a domino effect dragging BP and big mining companies along.
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