A Dutch court ordered Royal Dutch Shell

A Dutch court ordered Royal Dutch Shell to drastically deepen planned greenhouse gas emission cuts in a landmark ruling that could trigger legal action against energy companies around the world.

https://www.reuters.com/business/sustainable-business/dutch-court-orders-shell-set-tougher-climate-targets-2021-05-26/

 

Treasurers from 15 U.S. states warned U.S. climate envoy John Kerry in a letter that they could withdraw assets from any banks that reduce loans to fossil fuel companies

As a collective, we strongly oppose command-and-control economic policies that attempt to bend the free market to the political will of government officials. It is simply antithetical to our nation’s position as a democracy and a capitalist economy for the Executive Branch to bully corporations into curtailing legal activities.

https://www.reuters.com/business/sustainable-business/us-state-treasurers-warn-kerry-not-pressure-banks-climate-2021-05-26/

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