Shell’s historic loss in The Hague is a turning point in the fight
against big oil
https://www.theguardian.com/commentisfree/2021/jun/01/shell-historic-loss-hague-fight-big-oil
...
The court found that Shell’s policy is inadequate to meet the requisite
standard of care under Dutch law, and ordered that the carbon emissions
of the Shell group’s global activities be reduced by 45% by 2030
relative to 2019. Further, it held that this obligation relates to
Shell’s entire energy portfolio and required that it cuts its
operational emissions while making best efforts to reduce the emissions
of its suppliers and emissions of its end users or customers by 45%.
This is huge: Shell not only has to clean up emissions created by
extracting oil and gas, but also has legal responsibilities in relation
to the emissions produced by burning those products.
...
It [the court] was unconvinced by Shell’s claim that reducing its
emissions is pointless because its competitors will simply fill the gap
by extracting and selling more oil and gas.
...
The court was clear that the energy products that Shell supplies
influences demand.
...
Given the replicability of the arguments and the international standards
and common facts that comprise the basis of the case, it will inspire a
wave of similar actions around the world. The judgment has put the
industry and its financial backers on notice that a company setting
distant net zero targets without credible short-term action to reduce
emissions exposes it to the risk of litigation
...
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Peri
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