Tue. Dec 3rd, 2024

Update: Shell Welcomes Dutch Court’s Reversal Of 2021 Emissions Ruling

ByLisa Luckas

11/12/2024
low angle photography of Shell gas station at night
  • Shell is pleased with the Dutch Court of Appeal overturning a 2021 ruling mandating emissions cuts, supporting their net-zero goal by 2050.
  • Shell emphasizes investment in low-carbon solutions and believes government policies, not court rulings, will drive emissions reduction.

Tue Nov 12 09:56:34 -2024 UTC– Shell is pleased with the Dutch Court of Appeal’s ruling overturning a previous decision, emphasizing their commitment to becoming a net-zero emissions energy business by 2050 and highlighting their investments in low-carbon energy solutions.

They said that court rulings won’t lower demand for fossil fuels, advocating for government policies to drive the energy transition.

The company emphasizes the importance of government policies, investments, and actions across all sectors in driving progress towards net-zero emissions. Shell’s achievements in reducing emissions and methane intensity are highlighted, along with their new ambition to reduce customer emissions from oil products.

The announcement also includes cautionary notes, forward-looking statements, and details about Shell’s net-zero emissions target and non-GAAP measures.

The company is committed to becoming a net-zero emissions energy business by 2050, investing in low-carbon solutions, and reducing emissions across various operations. Shell believes that government policies, investments, and actions are crucial in driving progress towards net-zero emissions.

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ByLisa Luckas

Lisa Luckas is a Sr. Business News Editor at Nobot.News.

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