Sally Strange on Nostr: Fortune Magazine calls the Dutch court ruling overturning the injunction that would ...
Fortune Magazine calls the Dutch court ruling overturning the injunction that would have forced Shell to reduce its emissions to 45% of 2019 levels within 6 years a "Pyrrhic victory" for Shell:
-the Court of appeal recognizes that protection from climate change is a human right
-the decision did not rule out enforcement of "more specific" emission reduction strategies in the future, such as forcing them to stop new investments in oil and gas fields
-"Third, the case has already spurred the creation of regulatory obligations to reduce emissions."
#ClimateChange #ClimateCrisis #JustTransition #EUpol
https://fortune.com/2024/11/15/shell-pyrrhic-victory-sets-stage-for-more-corporate-climate-accountability-energy-environment-law/
-the Court of appeal recognizes that protection from climate change is a human right
-the decision did not rule out enforcement of "more specific" emission reduction strategies in the future, such as forcing them to stop new investments in oil and gas fields
-"Third, the case has already spurred the creation of regulatory obligations to reduce emissions."
#ClimateChange #ClimateCrisis #JustTransition #EUpol
https://fortune.com/2024/11/15/shell-pyrrhic-victory-sets-stage-for-more-corporate-climate-accountability-energy-environment-law/