A Dutch court has ruled that oil giant Royal Dutch Shell must cut its carbon emissions by 45% by 2030 from 2019 levels. The rule was made on Wednesday, and pushes up the company’s own aim which stood at 20% by 2030. This groundbreaking ruling comes into effect when all of the world’s largest corporate emitters have been put under great pressure to set short to long-term emission targets.
These targets are to be consistent with the Paris Agreement and are crucial to avoid an irreversible climate crisis. A spokesperson for the company stated that they fully expect to appeal today’s ‘disappointing court decision’, as Shell’s climate strategy previously involved becoming a net-zero emission business by 2050, with the 45% mark aimed to be achieved by 2035.
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Photo Source: DW