Shell’s Appeal of Landmark Climate Ruling to Begin in April

  • Company seeks to overturn court-mandated emissions cuts
  • Environmental groups accuse Shell of backtracking on climate
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Shell Plc’s appeal against a landmark ruling that ordered the oil and gas giant to cut its carbon emissions by 45% over the next decade will begin in April.

The London-based oil and gas giant is seeking to reverse what was a watershed moment for the oil industry. A trio of judges in The Hague said Shell must reduce total emissions by 45% by 2030 from 2019 levels, equivalent to 740 million tons a yearBloomberg Terminal of carbon dioxide. The ruling was not suspended pending the outcome of the appeal and did not prescribe how Shell should slash its emissions.