The momentum surrounding climate change is building, which I personally believe is a good thing for the planet! IMO, the only oil and gas projects that will survive in the near future will be those that have the ability to demonstrate the potential to reduce green-house emissions through carbon capture storage or other avenues - which is what sets Pep11 apart (in a good way) from the majority of its peers.
Climate change activists win against Exxon Mobil and Chevron, Shell loses Dutch court case
By business reporter Sue Lannin and wires - Posted 10 hours ago, updated 6 hours ago
https://www.abc.net.au/news/2021-05-27/climate-environment-shell-chevron-exxon/100169518
Energy giant Royal Dutch Shell has been ordered by a court in the Hague to slash its greenhouse gas emissions and investors have forced Chevron and Exxon Mobil to do more on climate change.
Royal Dutch Shell ordered to almost halve its greenhouse gas emissions by 2030.
The Dutch court ordered energy giant Royal Dutch Shell to cut its greenhouse gas emissions by 45 per cent by 2030.
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