Royal Dutch Shell provoked a furious backlash from campaigners yesterday when it announced plans to scale back its renewable energy business and focus purely on oil, gas and biofuels. Jeroen van der Veer, the chief executive, said that Shell, the world’s second-largest non-state-controlled oil company, was planning to drop all new investment in wind, solar and hydrogen energy.
"Lack of regulation makes for a Wild West of sustainable fund management", Edward Lander from Ethical Consumer said.
Leaders in the state’s environmental justice movement see signs their pressure is bringing accountability for both government and polluters.
This bold new mechanism is what’s needed to end fossil fuel-induced violence against women, natural resources, and the climate, argue two African peace activists.
Fossil fuel defendants in climate liability lawsuits keep losing in their bids to keep cases in federal courts.
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