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Oil giant Shell wins appeal against landmark Dutch climate ruling to slash emissions

  • Oil giant Shell has successfully won an appeal against climate groups' claims to reduce greenhouse gas emissions, reversing a previous landmark ruling.
  • The Dutch Appeals Court stated that climate legislation lacks specific reduction percentages for individual companies, ruling that Shell is meeting expectations.
  • Shell expressed satisfaction with the ruling, stating it is positive for the global energy transition and their company.
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Forbes broke the news in United States on Tuesday, November 12, 2024.
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