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Big Oil Loses Big in a Day of Game-Changing Climate News

Yesterday, lawyers in the Netherlands won a historic court case against the Royal Dutch Shell oil company that carries the most profound implications for defusing the climate emergency. The court ordered Shell to bring its global operations in line with the Paris Agreement goal of limiting temperature rise to 1.5 degrees Celsius; this will require Shell to reduce both its own and its customers’ greenhouse gas emissions by 45 percent from 2019 levels by 2030.

Together with shareholder revolts demanding stronger climate action by ExxonMobil and Chevron, the Dutch court ruling made May 26 one of the biggest days of climate news in years. Following last week’s landmark International Energy Agency report declaring all new fossil fuel development must stop for the

— source thenation.com | Mark Hertsgaard | May 27, 2021

Nullius in verba


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