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Posts under ‘Shell Greenwash’

Shell boss: we have no plans to change strategy despite emissions ruling

The Guardian

Shell boss: we have no plans to change strategy despite emissions ruling

Jillian Ambrose: Thu 29 Jul 2021 16.47 BST

‘Unreasonable’ court ruling does not need new strategy, Van Beurden says, as firm reveals multibillion-dollar shareholder windfall

Ben van Beurden denied the company would need to change its plans to meet the tougher court-ordered climate targets on Thursday, as he revealed a multibillion-dollar shareholder windfall for investors and better-than-expected quarterly profits. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Lawmaker Threatens to Subpoena Exxon After Secret Video

The New York Times

Lawmaker Threatens to Subpoena Exxon After Secret Video

The chairman of a powerful House subcommittee said he is seeking answers from Exxon and other oil and gas giants over their role in spreading disinformation on climate change.

Hiroko Tabuchi and 

July 2, 2021

The chairman of a House subcommittee is demanding that executives of Exxon Mobil Corp., Shell, Chevron and other major oil and gas companies testify before Congress about the industry’s decades-long effort to wage disinformation campaigns around climate change. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Why are some investors still supporting the dying fossil fuel economy?

independent.co.uk

Clean energy is the future – so why are some investors still supporting the dying fossil fuel economy?

Institutional forces continue to prop up the fossil fuel economy, while both the market and public opinion are leaving it behind. This is as foolish as it is dangerous, writes Tom Steyer: 29 June 2021

As far as climate action goes, May 2021 was a big deal. The trend towards clean energy and away from fossil fuels exploded. Exxon Mobil, the biggest oil company in America, lost a proxy battle and now three climate activists will sit on its board. A Dutch court set new and stringent rules for energy companies, including Royal Dutch Shell. The German Supreme Court ordered all of Germany to step up its climate game significantly by 2030. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Climate change: Courts set for rise in compensation cases

BBC NEWS

Climate change: Courts set for rise in compensation cases

By Matt McGrath Environment correspondent: 28 JUne 2021

There’s likely to be a significant increase in the number of lawsuits brought against fossil fuel companies in the coming years, say researchers.

Their new study finds that to date, lawyers have failed to use the most up-to-date scientific evidence on the cause of rising temperatures.

As a result, there have been few successful claims for compensation.

That could change, say the authors, as evidence linking specific weather events to carbon emissions increases. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Oil and gas firms could face fresh legal action by activist groups

Oil and gas firms could face fresh legal action by activist groups as investors demand stock market-listed firms align with Paris climate goals

Major oil and gas firms including BP and Shell could face fresh legal action by activist groups as investors demand stock market-listed firms align with Paris climate goals.

The wave of potential lawsuits could also target Chevron and Exxon and other heavy industry majors such as Ineos, the petrochemicals giant controlled by billionaire Jim Ratcliffe, and biomass power firm Drax. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell CEO: We will cut emissions faster but the world needs to use less oil

CNN BUSINESS

Shell CEO: We will cut emissions faster but the world needs to use less oil

London (CNN Business( Shell will cut emissions faster than planned after being ordered to do so by a court in The Hague last month.

In a statement on Wednesday, the oil company’s CEO Ben van Beurden said he was determined “to rise to the challenge.” But he kept open the option of appealing the landmark ruling that he said “singled out” Shell and was “not the answer” to tackling the climate crisis. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Businesses Brace for More Climate Cases After Ruling on Shell Emissions

THE WALL STREET JOURNAL 

Businesses Brace for More Climate Cases After Ruling on Shell Emissions

By Benoit Faucon, Sarah McFarlane and Laura Kusisto: June 6, 2021 9:04 am ET

A court decision ordering Royal Dutch Shell PLC to cut its carbon emissions has emboldened litigants in similar cases, including two that could have big implications for Exxon Mobil Corp. and French oil giant Total.

Shell’s defeat comes as oil-and-gas companies face growing scrutiny over their emissions from activists, governments and investors, and adds momentum to other climate-related suits where the legal system or arguments are similar, plaintiffs and legal experts said. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell ruling forces company and accountants to work faster on climate goals

fd.

Shell ruling forces company and accountants to work faster on climate goals

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Vilifying Western oil companies is a very bad way to fight climate change

THE TELEGRAPH

Vilifying Western oil companies is a very bad way to fight climate change

Green victories over the likes of Shell risk handing Russia and the petro-states political leverage over the world’s energy supplies

Environmentalists should think twice before celebrating the week that shook Big Oil to the core. Green activist victories against Shell, ExxonMobil, and Chevron are pregnant with unintended consequences.

The Shell saga is the most unsettling of the three episodes last week. (For sake of disclosure I own shares.) It was ordered by a district court in the Hague last Wednesday to slash emissions 45pc by 2030 in line with United Nations guidance, including the “Scope 3” emissions of hypothetical drivers who burn their petrol. Others will surely follow because copycat suits are proliferating. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Big Oil’s Bad Week

Forbes

Big Oil’s Bad Week

Robert RapierEnergy: May 30, 2021

The world’s largest integrated oil and gas companies are the so-called supermajors or more commonly “Big Oil.” In order of descending market capitalization these companies are ExxonMobil XOM -0.3%, Chevron CVX +0.8%, Royal Dutch Shell, TOTAL SE, and BP.

Last week three members of the Big Oil club were each dealt blows regarding the status quo of their businesses.

The Shell Decision

The lawsuit was filed in 2019 by Milieudefensie, the Dutch arm of Friends of the Earth. More than 17,000 Dutch citizens and six environmental groups joined the lawsuit, which argued that Shell’s business practices violated the “unwritten standard of care” that required it to protect Dutch residents. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Will Shell perish under the demands of the judge?

ad.nl

Will Shell perish under the demands of the judge?

A court that imposes a CO 2 reduction on an oil company by waving human rights and climate change. This has never been seen in the world before. What are the consequences?

Ton Voermans & Peet Vogels  Last update: 27-05-21, 19:36

Can Shell meet the requirements?
That will be quite a job. The judge ordered that Shell reduce its own CO 2 emissions by 45 percent by 2030. This is an obligation and goes further than Shell’s own objective. But experts expect Shell to be able to achieve this. Society has already started using solar power in oil production. And Marjan van Loon, the CEO of Shell Netherlands, is already driving around in a hydrogen car. Others point out that Shell can still reduce methane leaks, methane is a strong greenhouse gas. And Shell can capture and store its own CO 2 emissions in empty gas fields. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

‘Victory for our planet’: Royal Dutch Shell must cut emissions

THE CHRISTIAN SCIENCE MONITOR

‘Victory for our planet’: Royal Dutch Shell must cut emissions

The Hague District Court has ruled Royal Dutch Shell must cut its carbon emissions by 45% by 2030. The landmark case will likely set a global precedent for holding polluting multinational organizations accountable for curbing emissions.

By Mike Corder Associated Press

THE HAGUE, NETHERLANDS

A Dutch court on Wednesday ordered Royal Dutch Shell to cut its carbon emissions by net 45% by 2030 compared to 2019 levels in a landmark case brought by climate activism groups, which hailed the decision as a victory for the planet. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Climate Ruling Could Force Big Change at Shell

THE WALL STREET JOURNAL

Climate Ruling Could Force Big Change at Shell

Oil giant might need to sell assets and rethink spending to meet Dutch court order to curb carbon emission

By Sarah McFarlane: May 27, 2021 12:08 pm ET

To comply with a Dutch court order to cut carbon emissions, Royal Dutch Shell PLC may have to overhaul its business and cut its oil output faster than it had planned, analysts and investors said.

Potential ways to curb emissions include selling assets, rethinking exploration spending and halting growth of its liquefied-natural gas operations, they said. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Wikipedia Article: Milieudefensie et al v Royal Dutch Shell

Wikipedia Article: Milieudefensie et al v Royal Dutch Shell

Downloaded From Wikipedia, the free encyclopedia 27 MAY 2021

Milieudefensie et al v Royal Dutch Shell
State coat of arms of the Netherlands (wordmark).svg
Court District court of The Hague
Decided 26 May 2021
ECLI ECLI:NL:RBDHA:2021:5337
Transcript(s) in Dutchin English
Case opinions
The policy, policy intentions and ambitions of RDS for the Shell group are incompatible with RDS’ reduction obligation. The claimed order to comply with that obligation must be allowed. The order will be declared provisionally enforceable.
Court membership
Judge(s) sitting Larisa Alwin, Irene Kroft and Michiel Harmsen

Milieudefensie et al v Royal Dutch Shell was a court case heard by the district court of The Hague in the Netherlands in 2021 related to efforts by multinational corporations to curtail carbon dioxide emissions. In May 2021, the Hague ordered that Royal Dutch Shell must reduced its global carbon emissions from its 2019 levels by 45% by 2030; it is considered the first major climate change litigation ruling against a corporation. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

With a little help from its friends, Extinction Rebellion runs rings round the law

THE SUNDAY TIMES

With a little help from its friends, Extinction Rebellion runs rings round the law

Juries and judges sympathetic to the climate cause are giving eco-activists an easy ride

Dipesh GadherThe Sunday Times

As he sat in the dock last month awaiting the jury’s verdict, Ian Bray, 53, a co-founder of Extinction Rebellion, was prepared for the worst.

The salvage worker from Huddersfield, West Yorkshire, and five other climate change activists had admitted involvement in causing £25,000 damage to Shell’s London headquarters during a protest in 2019 — but had tried to argue that a “bigger crime” was being committed against the environment by the oil giant. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Funds heavyweight LGIM joins shareholder revolt against Shell’s plans to curb carbon emissions because they ‘don’t go far enough’

Funds heavyweight LGIM joins shareholder revolt against Shell’s plans to curb carbon emissions because they ‘don’t go far enough’

  • Legal & General’s asset management arm LGIM said Shell plans not ‘credible’ 
  • LGIM part of 30% to back resolution by shareholders activist group Follow This
  • Follow This urged Shell to set ‘inspirational’ targets to battle emissions
  • Another UK asset manager – Sarasin & Partners – also piled pressure on Shell and BP, saying that they were not ‘serious’ about hitting net-zero emission targets 

Legal & General’s asset management arm has emerged as one of the investors to have voted against Royal Dutch Shell’s climate plans last week.

While acknowledging that some progress was being made, LGIM said today that the oil major’s targets to reduce carbon emissions and oil and gas production lack credibility and fall short of tackling climate breakdown. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.