Shell gloats over climate lawsuits

2012-03-15 14:05
London - Oil giant Royal Dutch Shell Plc said it was sued for causing climate change but that, like some other global warming cases taken against energy companies by environmentalists, the cases were dismissed.

The Anglo-Dutch group said in its annual report, published on Thursday, that, "together with other energy companies" it was subject to climate change litigation taken by parties it did not name.

"We believe these lawsuits are without merit and are not material to Shell," the world's second-largest non-government controlled oil company by market value added.

Scientists believe carbon dioxide (CO2) emissions from burning fossil fuels such as oil and gas are a major cause of global warming.

A spokesperson said the cases related to Hurricanes Katrina and Rita and had been dismissed years ago. He said the comment in the report reflected Shell's view that any future lawsuits of a similar nature would also be without merit.

Price collapse

Companies have generally been successful in such legal battles.

In 2011, the US Supreme Court rejected a lawsuit against five big power companies, that sought to force them to cut their CO2 emissions, claiming the utilities had created a public nuisance by contributing to climate change.

The oil industry has worked hard for over a decade to position itself as part of the solution to global warming rather than its principal culprit.

Natural gas, which accounted for around half of Shell's 2011 output, produces around half the CO2 that coal does, to yield a similar amount of energy.

Companies have sought to expand markets, and prices, for gas, by telling governments the quickest way to cut CO2 emissions was to replace coal-fired power plants with gas turbines, and for gas to be adopted as a transport fuel.

The advocacy effort has accelerated in recent years after an explosion of shale gas production in the US led to a collapse in natural gas prices.
Read more on:    shell  |  environment  |  climate change

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.
NEXT ON NEWS24X

linking and moving

2015-04-22 07:36

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
5 comments
Comments have been closed for this article.

Inside News24

 
/Sport

Book flights

Compare, Book, Fly

Traffic Alerts
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.