Shell to Appeal Landmark Dutch Court Ruling on Climate Goals (2)

Royal Dutch Shell Plc said it will appeal a ruling by a Dutch court which ordered it to cut its carbon emissions by 45% over the next decade.

Shell has said it will speed up its energy transition plans in response to the order, but is looking to overturn it so it can stick to its own climate timetable. After <-bsp-bb-link state="{"bbDocId":"QTQGAAT0AFB4","_id":"0000017a-c446-deb1-a97b-f67f0dc00001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">intense pressure from investors, the May 26 ruling showed companies’ hands may increasingly be forced by courts, and result in far-reaching implications for the global energy industry.

“We will accelerate our transition to net zero,” Chief Executive Officer <-bsp-person state="{"_id":"0000017a-c446-deb1-a97b-f67f0dc20000","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Ben van ...