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Shell faces a lawsuit for its contributions to climate change



A coalition of environmental groups in the Netherlands said on Tuesday it will hand over a court complaint if Shell does not change its business model to comply with the Paris Climate Agreement.

The groups have accused Shell of "intent to prevent global warming on purpose", "to prevent the key objective of the Paris Agreement." The pressure on business has sparked the warning of the world since the UN last year has only 12 years to avert a climate catastrophe.

The oil giant was threatened with a lawsuit last year for the first time by a Dutch branch of Friends of the Earth. Greenpeace and ActionAid joined the initiative along with four other groups on Tuesday.

Shell ( RDSA ) which has its headquarters in the Netherlands, said it was "strongly" supported "the Paris Agreement." It has pledged to use the CO2 Halve the footprint of the energy they sell by 2050.
However, climate activists argue that their fossil fuel activities are not in line with the document signed by nearly all the world's governments in Paris in 201
5.

The company has no concrete plans to align its business strategy with the commitments contained in the agreement, "said Joris Thijssen, director of Greenpeace Netherlands, in a statement.

The group's alleged threat of action would be to declare that Shell had failed responsible for its contribution to climate change and related environmental damage.

Activists hope for a court of law which will force Shell to make a major switch to renewable energy. [13] In the last year Shell rejected Friends of the Earth's request for changes to its business. On Tuesday, he said legal action would not make the change desired by activists.

"The tying of individual companies in a lengthy legal process can not replace policies that encourage all businesses and consumers to lower CO2 emissions," the company said in a statement.

Major oil producers, including Shell, are under increasing pressure from consumers and shareholders on their role in climate change.

  Shell binds executive compensation to CO2 emissions. For this reason, it could lead to a real effect
In December, Shell agreed to set short-term CO2 emissions targets from 2020 on pressure from investors. It will also combine the payment of the executive with the achievement of the goals.
Rival Energy Producer BP [ BP ) undertook in February to align its business more closely with global climate targets and to increase the bonuses of 36,000 workers to greenhouse gas reduction targets to tie

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