Royal Dutch Shell was ordered by a Dutch court on Wednesday to reduce its carbon emissions 45 percent from 2019 levels by 2030 in a landmark case brought by climate activism groups. The Hague District Court declared Shell is obligated to reduce emissions in line with national climate change standards and that its current efforts were not good enough. The decision is expected to have far reaching consequences for oil companies
The Hague court did not detail how Shell should increase their climate change efforts, leaving the energy giant’s parent company freedom in choosing how to meet the reduction obligation. The ruling is unique in that the judge has basically ordered Shell to fall in line with the Paris Climate agreement. Shell indicated it would appeal the ruling.
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01.29.2025
DCO prices strengthen as output, ethanol production decline on week
Prices for US animal fats and oils held steady to higher on Wednesday January 29, with much of the day's trade concentrated in the distiller’s corn oil (DCO) markets.
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Automotive leather sector wary of potential US tariffs on Chinese goods
For most US hide sellers, the market remained quiet on Wednesday January 29, as Chinese tanners were away for their Lunar New Year holiday. But some activity persisted, particularly...
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US animal fats and oils Gulf markets show continued price strength amid tight conditions
The US animal fats and oils markets were stable to higher on Tuesday January 28, supported by ongoing discussions of strong demand.
The Gulf Coast region has experienced...