Shell to step up energy switch after landmark court ruling
Dutch energy giant ordered to cut carbon emissions by 45% by 2030 from 2019 levels
09 June 2021 - 17:31
London — Royal Dutch Shell will speed up its energy transition strategy and further cut its carbon emissions following a landmark Dutch court ruling last month, CEO Ben van Beurden said on Wednesday, a move that is likely to lead to an considerable scaling down of its oil and gas business.
Shell plans to appeal the May 26 ruling that ordered it to reduce greenhouse gas emissions by 45% by 2030 from 2019 levels, significantly faster than its plans at present. But the court ruling applies immediately and cannot be suspended before the appeal, van Beurden said in a LinkedIn post...
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