The GuardianOpinionFossil fuelsShell’s historic loss in The Hague is a turning point in the fight against big oilTessa KhanThe oil giants that have helped drive the climate crisis are finally being forced to take responsibility for their actionsTuesday 1 June 2021On a rainy afternoon in The Hague, the district court delivered a judgment against Royal Dutch Shell, the parent company of the Shell group. It refuted the excuses regularly relied on to continue extracting oil and gas and vindicated longstanding calls to keep fossil fuels in the ground. The extraordinary events preceding the oil industry’s so-called Black Wednesday bring to mind the proverbial path to bankruptcy: it happens gradually, and then all at once. The door to real corporate accountability for the climate crisis is finally wide open. To take on one of the world’s richest, most powerful companies in court is brave in any circumstances.

Source: Egypt Today June 02, 2021 10:30 UTC