Shell ordered to make deeper and faster carbon emissions cuts by Netherlands court

Shell ordered to make deeper and faster carbon emissions cuts by Netherlands court

Royal Dutch Shell was ordered by a Netherlands court to slash its emissions harder and faster than planned, dealing a blow to the oil company that could have far-reaching consequences for the rest of the industry.

Shell has pledged to reduce its emissions of greenhouse gases by 20 per cent by 2030 and to net-zero by 2050. That's not enough, a court in The Hague ruled on Wednesday afternoon, ordering the oil producer to slash emissions by 45 per cent by 2030, compared to 2019 levels.