Dutch climate group launches new case against Shell
Dutch environmental group Milieudefensie said Tuesday it was launching a new legal case against Shell, aiming to stop the fossil fuel giant investing in new oil and gas fields.
In November, the Dutch Appeals Court ruled against Milieudefensie and other climate NGOs, quashing a landmark judgement from 2021 that said Shell had to reduce emissions by 45 percent by 2030.
But that appeals court did say Shell had to make an "appropriate contribution" to the objectives of the Paris climate agreement, without giving the firm a clear emissions reduction target.
The Paris deal committed all nations to cut carbon emissions to limit warming to two degrees Celsius (3.6 Fahrenheit) above pre-industrial levels and encouraged them to aim for 1.5 degrees.
In a letter to Shell, Milieudefensie accused the company of being "in breach of its legal duty of care under Dutch law due to its continued investment in new oil and gas fields."
"The science is crystal clear. There's a legal momentum," said Sjoukje van Oosterhout, in charge of the case at Milieudefensie.
Shell responded in a statement sent to AFP: "As we have said many times, what Milieudefensie wants will not advance the energy transition."
"The transition needs collaboration between governments, businesses and consumers," added the firm, which said it was "one of the largest private investors in the Dutch energy transition."
Milieudefensie pointed to proposed increases in production and sales of fossil fuels by Shell after 2030, confirmed by the company at its Capital Markets Day in March.
"Shell fully or partly own 700 undeveloped oil and gas assets", said Milieudefensie, citing data and modelling from Rystad Energy, an energy consultancy.
"These assets, if developed, could cause 5.2 billion tons of additional CO2 emissions into the atmosphere," said the NGO, noting this was 36 times the Dutch emissions in 2024.
Milieudefensie also wants the court to force Shell to cut emissions to a level compatible with the Paris Agreement's 1.5-degree goal after 2030.
The group has appealed to the Supreme Court against the Appeals Court November ruling but the judgement only takes into account the period up to 2030.
In March, Milieudefensie also began a legal case against top bank ING, aiming to force the institution to halve carbon dioxide (CO2) emissions by 2030.
sh/ric/giv
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 hours ago
- Yahoo
GOLD ROYALTY PUBLISHES 2025 INTEGRATED REPORT AND REMINDS SHAREHOLDERS OF CAPITAL MARKETS DAY
VANCOUVER, BC, June 9, 2025 /PRNewswire/ - Gold Royalty Corp. ("Gold Royalty" or the "Company") (NYSE American: GROY) is pleased to announce the release of its inaugural Integrated Report, which consolidates the annually published Asset Handbook and Sustainability Reports into a single comprehensive document. David Garofalo, Chairman and CEO of Gold Royalty commented "Our new Integrated Report combines the previously published Asset Handbook and Sustainability Report to offer a comprehensive overview of Gold Royalty's strategy, values, and long-term outlook. The report includes an overview of the royalty and streaming model, a breakdown of Gold Royalty's key royalties and streams, as well as highlighting the sustainable business practices employed by the Company that support long-term value creation for our shareholders." Capital Markets Day Gold Royalty's management team will host a virtual Capital Markets Day on June 12, 2025, from 9:00 am to 12:30 pm ET to provide an overview of Gold Royalty's business, long-term strategy, M&A outlook, capital structure, and recent developments across the Company's portfolio. Additionally, Gold Royalty is pleased to welcome speakers from: U.S. GoldMining, Wallbridge Mining, Discovery Silver, and Agnico Eagle, to provide updates on the Whistler Project, Fenelon Project, Borden Mine, and Canadian Malartic Complex, respectively. To register for the 2025 Capital Markets Day webcast, please click the following link: Click here A replay of the event will be available on the Gold Royalty website following the presentation. About Gold Royalty Corp. Gold Royalty Corp. is a gold-focused royalty company offering creative financing solutions to the metals and mining industry. Its mission is to invest in high-quality, sustainable, and responsible mining operations to build a diversified portfolio of precious metals royalty and streaming interests that generate superior long-term returns for our shareholders. Gold Royalty's diversified portfolio currently consists primarily of net smelter return royalties on gold properties located in the Americas. Gold Royalty Corp. Contact Jackie PrzybylowskiVice President, Capital Markets Peter BehnckeDirector, Corporate Development & Investor Relations Telephone: (833) 396-3066Email: info@ Forward-Looking Statements: Certain of the information contained in this news release constitutes "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian and U.S. securities laws (collectively, "forward-looking statements"), including but not limited to statements regarding: the Company's outlook and expectations regarding its assets and underlying projects. Such statements can be generally identified by the use of terms such as "may", "will", "expect", "intend", "believe", "plans", "anticipate" or similar terms. Forward-looking statements are based upon certain assumptions and other important factors, including assumptions of management regarding the accuracy of the disclosure of the operators of the projects underlying the Company's interests, their ability to achieve disclosed plans and targets, macroeconomic conditions, commodity prices, and the Company's ability to finance future growth and acquisitions. Forward-looking statements are subject to a number of risks, uncertainties and other factors which may cause the actual results to be materially different from those expressed or implied by such forward-looking statements including, among others, any inability to any inability of the operators of the properties underlying the Company's royalties, stream and other interests to execute proposed plans for such properties or to achieved planned development and production estimates and goals, risks related to the operators of the projects in which the Company holds interests, including the successful continuation of operations at such projects by those operators, risks related to exploration, development, permitting, infrastructure, operating or technical difficulties on any such projects, the influence of macroeconomic developments, commodity price and counterparty risks, the ability of the Company to carry out its growth plans and other factors set forth in the Company's Annual Report on Form 20-F for the year ended December 31, 2024, and its other publicly filed documents under its profiles at and Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements, except in accordance with applicable securities laws. View original content: SOURCE Gold Royalty Corp. Sign in to access your portfolio
Yahoo
5 hours ago
- Yahoo
World's beef eaters facing major price hikes ahead of barbecue season
Carnivores will likely need deeper pockets this year as global beef supplies tighten and prices head up again, in turn meaning more expensive barbecues, burgers, bolognese and steak dinners. "Global beef production is expected to contract through the remainder of the year, with an overall contraction of 2% projected for the year," according to Angus Gidley-Baird of RaboResearch, part of Dutch lender Rabobank. Some of the world's major cattle and beef producer countries expected to be affected, Gidley-Baird said, with "largest contractions" expected in Brazil and New Zealand, while Europe, the US and China are also likely to see reductions. Even if other suppliers such as Australia and Argentina remain unaffected, the contracting supplies elsewhere are likely to see the "further supporting" of already "elevated" cattle prices. Not only are global cattle markets "trending higher" this year, prices in Europe have seen an "especially strong rise in Q1 [the first quarter of the year] as domestic supplies contracted while demand remained strong." Pests and diseases are affecting cattle supplies in Europe and North America, according to the researchers, who said that although beef has not been mentioned as a commodity to be targeted for tariffs beyond the impact of general or "baseline" measures, the prospect of further trade tensions has seen some reconfiguring of markets. "Reports are emerging that Chinese buyers are looking more toward Australian, New Zealand and South American suppliers as US beef becomes unavailable or more expensive," Rabobank's researchers said. The report follows warnings in some countries that the price of "conventional" beef has reached that of usually more expensive organic beef. This time of year usually sees seasonal high demand and high prices for beef as the 'barbecue season' associated with European and North American summers approaches. Global food prices already saw significant increases during Covid lockdowns and in the wake of the invasion of Ukraine by Russia in 2022, a war pitting two major food commodity producers against each other. Prices for the most part have not returned to their pre-2020 level, with recent reports warning of further rises for staples such as coffee, cocoa, olive oil and sugar.

Miami Herald
6 hours ago
- Miami Herald
UNFI services disrupted by cyberattack
United Natural Foods, Inc. is dealing with "temporary disruptions" to its operations stemming from "unauthorized activity" involving its information technology systems, the grocery retailer and wholesaler disclosed in a regulatory filing Thursday. UNFI said in the filing that it took some of its systems offline as it investigates the breach, which it discovered Thursday, but did not provide details about which of its services or capabilities have been impacted. UNFI said in a statement released Monday morning that the disruption is continuing. "As soon as we discovered the activity, an investigation was initiated with the help of leading forensics experts and we have notified law enforcement. We are assessing the unauthorized activity and working to restore our systems to safely bring them back online," UNFI said in a statement. UNFI said in the regulatory filing that it has implemented workarounds to continue providing services "where possible," but did not provide additional information. The company said it is working with third-party cybersecurity experts as it looks into the cause of the incident and develops a solution. UNFI distributes groceries and nonfood products to customers at about 30,000 locations, according to its latest annual report. The company has a primary distribution arrangement with Whole Foods Market under an agreement that extends through May 2032. UNFI also runs supermarkets under banners including Cub Foods and Shoppers. The breach follows an online attack last fall that targeted systems run in the U.S. by Dutch grocery company Ahold Delhaize. That breach forced Ahold Delhaize to take e-commerce services at its Hannaford banner down for several days in addition to disrupting online operations at other chains the company runs. Copyright 2025 Industry Dive. All rights reserved.