SYDNEY (Feb 17): An Australian court on Tuesday threw out a lawsuit against gas producer Santos that alleged the company misled the public on its plans to achieve net zero carbon emissions. The ACCR alleged Santos breached Australia’s corporations and consumer laws by engaging in misleading or deceptive behaviour when it said it had a clear pathway to reduce emissions by 26%-30% by 2030 and reach net zero by 2040. The group also challenged Santos' claims that it was a producer of "clean energy", that natural gas was a "clean fuel" and that hydrogen it produced from natural gas through carbon capture and storage (CCS) was "clean" with "zero emissions". But Federal Court of Australia judge Brigitte Markovic dismissed the case, with her reasons to be published on Feb 23. "This was a landmark case that paved the way for others around the world to challenge corporate net zero claims in court," she said in a statement.

Source: The Edge Markets February 17, 2026 03:20 UTC