Business
Shell loses climate case that may set precedent for big oil – The Australian Financial Review
The legal ruling could have far-reaching consequences for the rest of the global fossil fuel industry.
Companies have an independent responsibility, aside from what states do, Judge Alwin said in her decision. Even if states do nothing or only a little, companies have the responsibility to respect human rights.
There are currently 1800 lawsuits related to climate change being fought in courtrooms around the world, according to the climatecasechart.com database. The Shell verdict could have a powerful ripple effect, not least among its European peers including BP and Total. Those companies have set…
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