Oil giant Shell set to appeal against ruling on carbon emissions

shell carbon emissions ruling oil
Gulf
  • Date: 07/21/2021
  • Source: The Guardian
  • Sector: Oil & Gas
  • Country: Gulf

Oil giant Shell set to appeal against ruling on carbon emissions

Royal Dutch Shell has confirmed that it will appeal against the landmark Dutch court ruling calling for the oil giant to cut its carbon emissions faster.A court in The Hague reached the milestone verdict in May this year after Friends of the Earth and over 17,000 co-plaintiffs successfully argued that Shell had been aware of the dangerous consequences of CO2 emissions for decades, and that its climate targets did not go far enough.Ben van Beurden, Shell’s chief executive, said the company agrees that “urgent action is needed” to reduce carbon emissions, and vowed to accelerate its progress towards becoming a net zero carbon company, but said that Shell would still appeal against the ruling “because a court judgment, against a single company, is not effective”.“What is needed is clear, ambitious policies that will drive fundamental change across the whole energy system,” he said. “Climate change is a challenge that requires both urgent action and an approach that is global, collaborative and encourages coordination between all parties.”Friends of the Earth Netherlands, also known as Milieudefensie, said the appeal would send “the wrong signal” and confirm Shell’s “lack of commitment” to tackling the global climate crisis.Donald Pols, a director at Milieudefensie,