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0 0 0.00136845706465969 0.00136845706465969 0.00171057133082452 -0.00205268559698935 -0.00273691412931913 -0.000684228532329784
Stock impact report

Shell Overturns Dutch Court Order to Slash Emissions Faster [Yahoo! Finance]

ENI S.p.A. (E) 
US:NYSE Investor Relations: eni.com/en_it/investors.page
Company Research Source: Yahoo! Finance
originally planned, in a significant setback to groups seeking climate justice through courts. Most Read from Bloomberg The Leaf Blowers Will Not Go Quietly Arizona Elections Signal Robust Immigration Enforcement Under Trump Scoring an Architectural Breakthrough in Denver's RiNo District Key Ballot Initiatives and Local Races Highlight Views on Abortion, Immigration Shell has a duty to slash its emissions but it's already doing so and there is no way to work out precisely what percentage reduction should apply to oil and gas companies, judges said in a verdict in The Hague on Tuesday. A lower court earlier ruled that Shell must reduce emissions by 45% by 2030 from 2019 levels, in a case brought by local environmental group Milieudefensie. The oil and gas producer argued in its appeal that court-mandated emissions targets have no legal basis and would be an ineffective and counterproductive way of achieving its 2050 net zero target. The court supported this position. “I Show less Read more
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