London CNN —Shell is not obliged to dramatically reduce its planet-heating pollution by 2030, a Dutch appeals court ruled Tuesday, overturning a previous verdict that imposed steep carbon emissions reductions on the British oil and gas giant.
Shell (SHEL) had appealed the previous ruling, handed down in 2021, which ordered the company to slash its CO2 emissions by 45% by 2030 from 2019 levels.
That included emissions from its own operations and from the energy products it sells.
As such, it dismissed the previous ruling.
“At the same time, we see that this case has ensured that major polluters are not inviolable and has further fueled the debate about their responsibility in combating dangerous climate change.
Persons:
Wael Sawan, ”, Donald Pols
Organizations:
London CNN — Shell, Hague, Appeal, Shell, “, Supreme
Locations:
Netherlands