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Cue ominous music. This lawsuit is not 'virtue signaling', or 'without legal basis', or 'symbolic', this lawsuit is worth of ominous music as the top of news placement by the Wall Street Journal and Financial Journal attests.
<big><big>'''We’re taking Shell's Board of Directors to court -- ClientEarth'''</big></big>


More legal beagles needs to begin supporting the work ... enough with the local without the global ...
<small>'''''This will be the first time ever that a company’s board has been challenged on its failure to properly prepare for the energy transition.'''''</small>


Local and global need to go together.


Climate change and its ramifications are not just a career-enhancing local issue for attorneys.
''We’re going to court against Shell’s Board of Directors for failing to move away from fossil fuels fast enough.''


The legal profession has to change its ways.
''This is the first ever case of its kind seeking to hold corporate directors personally liable.''


National climate plans and local/state enforcement are keys to real progress...
 
''February 9, 2023''
 
* https://www.clientearth.org/latest/latest-updates/news/we-re-taking-legal-action-against-shell-s-board-for-mismanaging-climate-risk
 
 
🌎
 
 
<big>'''February 2023'''</big>
 
 
<big><big>'''Profit-taking in a Profitable Year ...'''</big></big>
 
4 oil companies had total sales of $1 trillion last year
 
Chevron, ConocoPhillips, Exxon and Shell all reported record profits in 2022
 
* https://www.greenpolicy360.net/w/Category:Fossil_Fuels
 
* https://www.greenpolicy360.net/w/Category:Environmental_Laws
 
 
[[File:Shell - 2022, highest profits in 115 yrs.png]]
 
 
🌎
 
 
<big><big>EuroNews'''</big>
 
* https://www.euronews.com/green/2023/02/09/shells-board-of-directors-sued-over-flawed-climate-strategy-in-first-of-its-kind-lawsuit
 
 
''Shell’s board of directors are being personally sued over their alleged failure to properly manage risks associated with the climate crisis... The lawsuit says the British oil giant’s 11 directors have breached their legal duties under the UK’s Companies Act by failing to bring their climate strategy in line with the Paris Agreement.''
 
''Environmental law charity [https://www.clientearth.org/ '''ClientEarth'''], which filed the lawsuit, says it is the first case in the world that looks to hold corporate directors personally responsible for failing to prepare for the energy transition.''
 
''“Shell may be making record profits now due to the turmoil of the global energy market, but the writing is on the wall for fossil fuels long term,” says Paul Benson, a senior lawyer at ClientEarth.''
 
 
🌎
 
 
<big>'''GreenPolicy360'''</big>
 
'''National climate plans and local/state realistic legal enforcement actions are keys to progress'''
 
* https://www.greenpolicy360.net/w/Climate_Plans_Enforcement_-_Resources
 
 
[[File:Methods to enforce climate pledges-NDCs - Dec 2021.png]]
 
<small>* https://www.greenpolicy360.net/w/File:Methods_to_enforce_climate_pledges-NDCs_-_Dec_2021.png</small>
 
 
'''This lawsuit is not 'virtue signaling' or 'without legal basis', or 'symbolic', this lawsuit is worthy of ominous music as it rolls out as Top News by the Wall Street Journal and Financial Times.'''
 
:<small>* https://www.greenpolicy360.net/w/Category:Environmental_Laws</small>




Latest revision as of 09:31, 11 February 2023


We’re taking Shell's Board of Directors to court -- ClientEarth

This will be the first time ever that a company’s board has been challenged on its failure to properly prepare for the energy transition.


We’re going to court against Shell’s Board of Directors for failing to move away from fossil fuels fast enough.

This is the first ever case of its kind seeking to hold corporate directors personally liable.


February 9, 2023


🌎


February 2023


Profit-taking in a Profitable Year ...

4 oil companies had total sales of $1 trillion last year

Chevron, ConocoPhillips, Exxon and Shell all reported record profits in 2022


Shell - 2022, highest profits in 115 yrs.png


🌎


EuroNews


Shell’s board of directors are being personally sued over their alleged failure to properly manage risks associated with the climate crisis... The lawsuit says the British oil giant’s 11 directors have breached their legal duties under the UK’s Companies Act by failing to bring their climate strategy in line with the Paris Agreement.

Environmental law charity ClientEarth, which filed the lawsuit, says it is the first case in the world that looks to hold corporate directors personally responsible for failing to prepare for the energy transition.

“Shell may be making record profits now due to the turmoil of the global energy market, but the writing is on the wall for fossil fuels long term,” says Paul Benson, a senior lawyer at ClientEarth.


🌎


GreenPolicy360

National climate plans and local/state realistic legal enforcement actions are keys to progress


Methods to enforce climate pledges-NDCs - Dec 2021.png

* https://www.greenpolicy360.net/w/File:Methods_to_enforce_climate_pledges-NDCs_-_Dec_2021.png


This lawsuit is not 'virtue signaling' or 'without legal basis', or 'symbolic', this lawsuit is worthy of ominous music as it rolls out as Top News by the Wall Street Journal and Financial Times.

* https://www.greenpolicy360.net/w/Category:Environmental_Laws


🌎

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