Paris agreement News

What Are the Economic Stakes of Climate Change?

COP26 climate talks in Glasgow starting next Sunday may be the world’s best last chance to cap global warming at the 1.5-2 degrees Celsius upper limit set out in the 2015 Paris Agreement. The stakes for the planet are huge …

Funds Demand Science-Based Emissions Targets From 1,600 Most Polluting Firms

Funds managing nearly $30 trillion in assets called on Wednesday for 1,600 of the world’s most polluting companies to “urgently” set science-based emissions reduction targets. The 220 investors, including Fidelity International and Amundi, said they had written to CEOs of …

Analysis of German Activists’ Climate Lawsuit Against BMW and Daimler

BERLIN – German activists have filed a lawsuit against automakers BMW and Daimler for refusing to tighten carbon emissions goals, the first time German citizens have sued private companies for exacerbating climate change. The lawsuit from the heads of Deutsche …

Groundbreaking Climate Court Victories Face Problems with Enforcement

Marjan Minnesma cheered along with her fellow climate activists in May when a judge ordered Royal Dutch Shell Plc to drastically slash its carbon-dioxide emissions. It was the first time a company had been held legally accountable for its planet-warming …

Climate Models May Have Underestimated Impact of Extreme Weather Events

As scientists gather online to finalize a long-awaited update on global climate research, recent extreme weather events across the globe highlight the need for more research on how it will play out, especially locally. The list of extremes in just …

Shell to Appeal Landmark Climate Ruling in Dutch Court

Royal Dutch Shell Plc said it will appeal a ruling by a Dutch court which ordered it to cut its carbon emissions by 45% over the next decade. Shell has said it will speed up its energy transition plans in …

Big Oil May Face More Climate Lawsuits After Shell Ruling, Say Lawyers, Activists

LONDON – A Dutch court’s decision to force Royal Dutch Shell to make deeper, faster cuts to its climate warming emissions on the basis of human rights could set a precedent, especially in European countries, according to lawyers and activists. …

Rising Global Temperatures Move Closer to Climate Change Tipping Point: U.N. Report

There is now a 40% chance that global temperatures will temporarily reach 1.5 degrees Celsius above pre-industrial levels in the next five years — and these odds are rising, a U.N. report said on Wednesday. a U.N. report said on …

Shell Loses Landmark Climate Case in Ruling with Global Implications for Big Oil

THE HAGUE/LONDON – A Dutch court ordered Royal Dutch Shell to drastically deepen planned greenhouse gas emission cuts on Wednesday, in a landmark ruling that could trigger legal action against energy companies around the world. Shell said it was “disappointed” …

Impending Dutch Court Decision to Test Shell’s Responsibility for Climate Change

A Dutch court verdict against Royal Dutch Shell Plc will determine whether it has a legal responsibility for climate change, in a case that will be watched by Big Oil executives globally. A panel of judges in a lower court …