Berliner Boersenzeitung - Dutch climate group launches new case against Shell

EUR -
AED 4.301666
AFN 74.964245
ALL 96.098612
AMD 434.445807
ANG 2.096522
AOA 1075.268556
ARS 1634.551952
AUD 1.630204
AWG 2.108371
AZN 1.990446
BAM 1.957809
BBD 2.359448
BDT 143.766913
BGN 1.953876
BHD 0.442754
BIF 3500.747465
BMD 1.171317
BND 1.494434
BOB 8.125338
BRL 5.824022
BSD 1.171467
BTN 111.357269
BWP 15.902318
BYN 3.3136
BYR 22957.812186
BZD 2.356518
CAD 1.594092
CDF 2717.455481
CHF 0.916309
CLF 0.026959
CLP 1060.920313
CNY 7.998045
CNH 7.997576
COP 4351.079355
CRC 532.6443
CUC 1.171317
CUP 31.039899
CVE 110.378265
CZK 24.38108
DJF 208.654111
DKK 7.472136
DOP 69.67752
DZD 155.167832
EGP 62.698301
ERN 17.569754
ETB 182.962347
FJD 2.570982
FKP 0.862349
GBP 0.863993
GEL 3.139342
GGP 0.862349
GHS 13.11746
GIP 0.862349
GMD 85.506397
GNF 10281.506491
GTQ 8.953391
GYD 245.101511
HKD 9.175306
HNL 31.141708
HRK 7.537661
HTG 153.316566
HUF 362.780162
IDR 20375.292578
ILS 3.448351
IMP 0.862349
INR 111.423809
IQD 1534.666902
IRR 1539110.469778
ISK 143.39264
JEP 0.862349
JMD 184.559386
JOD 0.830504
JPY 183.936547
KES 151.232472
KGS 102.397114
KHR 4699.822729
KMF 491.953408
KPW 1054.185251
KRW 1723.463729
KWD 0.360707
KYD 0.976402
KZT 543.46768
LAK 25743.416637
LBP 104927.071037
LKR 374.360955
LRD 215.010633
LSL 19.593575
LTL 3.458594
LVL 0.708518
LYD 7.418581
MAD 10.828211
MDL 20.170698
MGA 4881.008653
MKD 61.632209
MMK 2459.472469
MNT 4189.420664
MOP 9.453401
MRU 46.821846
MUR 54.770607
MVR 18.1027
MWK 2031.784918
MXN 20.446745
MYR 4.630193
MZN 74.84353
NAD 19.59751
NGN 1609.026742
NIO 43.105585
NOK 10.838662
NPR 178.169547
NZD 1.989417
OMR 0.450374
PAB 1.171702
PEN 4.108992
PGK 5.095228
PHP 72.067028
PKR 326.462102
PLN 4.252156
PYG 7283.473945
QAR 4.270864
RON 5.194835
RSD 117.416326
RUB 88.404773
RWF 1713.157959
SAR 4.39501
SBD 9.41986
SCR 16.34319
SDG 703.374036
SEK 10.835911
SGD 1.493898
SHP 0.874506
SLE 28.812685
SLL 24561.926256
SOS 669.578514
SRD 43.872863
STD 24243.895949
STN 24.520242
SVC 10.252477
SYP 129.459787
SZL 19.593105
THB 38.18786
TJS 10.967254
TMT 4.105466
TND 3.409198
TOP 2.82025
TRY 52.946804
TTD 7.958166
TWD 37.051114
TZS 3039.567486
UAH 51.626376
UGX 4396.629516
USD 1.171317
UYU 47.188422
UZS 14057.425043
VES 572.706936
VND 30851.902759
VUV 139.127601
WST 3.180346
XAF 656.630802
XAG 0.015866
XAU 0.000257
XCD 3.165542
XCG 2.111767
XDR 0.814803
XOF 656.630802
XPF 119.331742
YER 279.472035
ZAR 19.587344
ZMK 10543.254978
ZMW 21.940514
ZWL 377.163579
  • RBGPF

    0.5000

    63.1

    +0.79%

  • RELX

    -0.0600

    36.29

    -0.17%

  • CMSC

    -0.0500

    22.82

    -0.22%

  • NGG

    -1.2100

    87.27

    -1.39%

  • BCC

    -4.9200

    73.21

    -6.72%

  • CMSD

    -0.0390

    23.241

    -0.17%

  • BCE

    -0.0850

    23.875

    -0.36%

  • BTI

    -0.2900

    58.42

    -0.5%

  • AZN

    -1.4350

    183.305

    -0.78%

  • BP

    0.4500

    46.86

    +0.96%

  • RYCEF

    -0.1000

    16.2

    -0.62%

  • GSK

    -0.7350

    50.875

    -1.44%

  • VOD

    -0.1800

    15.97

    -1.13%

  • RIO

    -1.7550

    98.825

    -1.78%

  • JRI

    -0.0500

    12.93

    -0.39%

Dutch climate group launches new case against Shell
Dutch climate group launches new case against Shell / Photo: Robin van Lonkhuijsen - ANP/AFP

Dutch climate group launches new case against Shell

Dutch environmental group Milieudefensie said Tuesday it was launching a new legal case against Shell, aiming to stop the fossil fuel giant investing in new oil and gas fields.

Text size:

In November, the Dutch Appeals Court ruled against Milieudefensie and other climate NGOs, quashing a landmark judgement from 2021 that said Shell had to reduce emissions by 45 percent by 2030.

But that appeals court did say Shell had to make an "appropriate contribution" to the objectives of the Paris climate agreement, without giving the firm a clear emissions reduction target.

The Paris deal committed all nations to cut carbon emissions to limit warming to two degrees Celsius (3.6 Fahrenheit) above pre-industrial levels and encouraged them to aim for 1.5 degrees.

In a letter to Shell, Milieudefensie accused the company of being "in breach of its legal duty of care under Dutch law due to its continued investment in new oil and gas fields."

"The science is crystal clear. There's a legal momentum," said Sjoukje van Oosterhout, in charge of the case at Milieudefensie.

Shell responded in a statement sent to AFP: "As we have said many times, what Milieudefensie wants will not advance the energy transition."

"The transition needs collaboration between governments, businesses and consumers," added the firm, which said it was "one of the largest private investors in the Dutch energy transition."

Milieudefensie pointed to proposed increases in production and sales of fossil fuels by Shell after 2030, confirmed by the company at its Capital Markets Day in March.

"Shell fully or partly own 700 undeveloped oil and gas assets", said Milieudefensie, citing data and modelling from Rystad Energy, an energy consultancy.

"These assets, if developed, could cause 5.2 billion tons of additional CO2 emissions into the atmosphere," said the NGO, noting this was 36 times the Dutch emissions in 2024.

Milieudefensie also wants the court to force Shell to cut emissions to a level compatible with the Paris Agreement's 1.5-degree goal after 2030.

The group has appealed to the Supreme Court against the Appeals Court November ruling but the judgement only takes into account the period up to 2030.

In March, Milieudefensie also began a legal case against top bank ING, aiming to force the institution to halve carbon dioxide (CO2) emissions by 2030.

(O.Joost--BBZ)