Environmental activists win landmark ruling over UK oil well plan [Yahoo! Finance]
VINCI SA UNSP/ADR (VCISY)
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Source: Yahoo! Finance
granted them planning permission, the UK Supreme Court ruled on Thursday in a decision that could hugely impact any future fossil fuel developments. Environmental campaigners had argued that planning permission for the retention and expansion of an oil well site in southern England was flawed because it had only considered the direct effect of the development, and not the impact of greenhouse gas emissions from the use of the extracted oil. Judges on the UK's top court agreed by a narrow three to two majority, saying the planning approval was unlawful because the later emissions should have been considered in an Environmental Impact Assessment (EIA). "It is not disputed that these emissions, which can easily be quantified, will have a significant impact on climate," said George Leggatt, one of the three Supreme Court justices who agreed with the appeal. "The only issue is whether the combustion emissions are effects of the project at all. It seems to me plain that they are."
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