Dutch court orders Shell to set tougher climate targets

A Shell logo is seen at a gas station in Buenos Aires, Argentina, March 12, 2018. REUTERS/Marcos Brindicci/File Photo

A Dutch court on Wednesday ruled in a case brought by climate activists that Royal Dutch Shell (RDSa.L) needs to reduce its greenhouse gas emissions by 45% by 2030 from 2019 levels.

Shell currently has a target to reduce the carbon intensity of its products by at least 6% by 2023, by 20% by 2030, by 45% by 2035 and by 100% by 2050 compared with 2016.

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source: reuters.com