Shell ordered to deepen carbon cuts in landmark Dutch climate case – Reuters

Shell ordered to deepen carbon cuts in landmark Dutch climate case – Reuters

A Dutch court on Wednesday ordered Royal Dutch Shell (RDSa.L) to significantly deepen planned greenhouse gas emission cuts, in a landmark ruling that could pave the way for legal action against energy companies around the world.

Shell immediately said it would appeal the court ruling, which comes amid rising pressure from investors, activists and governments on energy companies to shift away from fossil fuels and rapidly ramp up investments in renewable energy.

At a court room in The Hague, judge Larisa Alwin read out a ruling which ordered Shell to reduce its planet warming carbon emissions by 45% by 2030 from 2019 levels.