Analysis: Big oil may get more climate lawsuits after Shell ruling – lawyers, activists By Reuters – Investing.com

Analysis: Big oil may get more climate lawsuits after Shell ruling – lawyers, activists By Reuters – Investing.com

By Shadia Nasralla and Tom Hals

LONDON (Reuters) - A Dutch court's decision to force Royal Dutch Shell (LON:) to make deeper, faster cuts to its climate warming emissions on the basis of human rights could set a precedent, especially in European countries, according to lawyers and activists.

The court on Wednesday ordered the Anglo-Dutch company to slash its global greenhouse gas emissions, which stood at around 1.6 billion tonnes of CO2 equivalent in 2019, by 45% by 2030. Shell said it would appeal the decision forcing it to cut by an amount roughly equivalent to four times Britain's annual emissions.