#shell

#shell

The Dutch appeals court overturned a landmark ruling requiring Shell to cut carbon emissions by 45% by 2030, emphasizing government responsibility over corporate accountability.

The Dutch court's ruling against the emissions cut highlights ongoing tensions between climate policy and corporate interests.

Smaller nations are stepping up as leaders at COP29 due to numerous absences from other countries.

Italy has successfully broken a major art-forging scheme, recovering numerous fraudulent artworks.

The Dutch court has reversed a significant case against Shell regarding emission reductions.

Shell wins appeal against previous climate ruling requiring it to cut emissions by 45% by 2030, raising concerns over corporate climate accountability.

Shell has an obligation to reduce greenhouse gas emissions, but the court found it unclear how much reduction is necessary.

Global confidence in climate action diminishes with political changes and recent legal setbacks for mandatory emissions reduction targets.

Shell announced profits of £10.9 billion for H1, demonstrating operational and financial strength amid focus on reducing emissions.

The Shell ruling does not end climate litigation against companies, affirming corporate responsibility to reduce emissions in line with climate agreements.

Shell has adjusted its climate emissions reduction target to a 15-20% reduction in carbon emissions intensity by 2030, down from the previous 20% target.

Shell aims to balance energy transition while prioritizing secure, affordable energy supplies, which may result in stable oil production and growth of liquified natural gas business.

Shell's profits fell 30% in 2023, leading to a shift in focus towards LNG and away from renewable projects.

Shell CEO's pay package of 7.94m included a base salary, bonus, and long-term incentive payment.

Shell and BP are revising climate targets, focusing on reducing net carbon intensity in energy products.

Shell is significantly more valuable than other Dutch brands.

Shell has halted its low-carbon blue hydrogen plant in Norway due to insufficient market demand, reflecting broader challenges facing the hydrogen industry.

Shell paused construction of a major biofuel plant in Rotterdam, causing delays in producing sustainable aviation fuel due to technical challenges.

Shell adjusts 2030 emissions target to 15-20% reduction in net carbon intensity from 2016 levels, previously aimed for 20% cut.

Shell prioritizes value over volume in power sales, lowering total growth of power sales which led to an update in net carbon intensity target.