BusinessPostCorner.com
No Result
View All Result
Thursday, August 13, 2026
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Paris court gives oil giant 6 months to reform climate policies, dismissing climate lawsuit demands

June 25, 2026
in Business
Reading Time: 2 mins read
A A
0
Paris court gives oil giant 6 months to reform climate policies, dismissing climate lawsuit demands
ShareShareShareShareShare

A court in Paris ruled on Thursday that energy giant TotalEnergies must account for its customer’s greenhouse gas emissions, giving the French company six months to report the environmental risks caused by the consumption of its gas and oil products.

The decision, which comes amid a record heat wave in France, fell short of requests from the climate organizations who brought the lawsuit to force the company to reduce its oil and gas production.

The court scheduled a new hearing for January 2027 to consider TotalEnergies’ new assessment under a 2017 law that requires companies to prevent human rights abuses and environmental risks. It is the first time that the so-called corporate duty of vigilance law is being applied to climate change.

The law is not intended to make companies “responsible for the risks linked to climate change, which result from all human activity on the planet since the Industrial Revolution” the court said in a statement, but rather requests them to act “according to their own situation.”

Environmental groups Notre Affaire à Tous, Sherpa, ZEA, France Nature Environnement, together with the city of Paris, launched the proceedings in 2020.

They claim that TotalEnergies is one of the largest historical emitters of greenhouse gas and asked the court to require the company to reduce oil production by 37% and gas production by 25% by 2030. The lawsuit also asked for a halt to all new fossil fuel projects.

The court’s decision comes as Europe is in the midst of a brutal heatwave. Punishing temperatures extended to the United Kingdom and Spain, where weather agencies issued red alerts — like France — about the risks of extreme heat for tens of millions of people.

The iconic Eiffel Tower and the Louvre museum have been forced to restrict visiting hours and school and transportation schedules have been interrupted across the continent.

Human-caused climate change is tied to increasingly extreme weather, and U.N. climate agency projections say the next five years are likely to shatter more heat records.

Europe is the world’s fastest-warming continent, with temperatures increasing twice as fast as the global average since the 1980s, according to the European Union’s Copernicus Climate Change Service.

Over the last four years, more than 200,000 people across Europe died from heat-related causes, and most of those deaths were preventable, the World Health Organization’s Europe office said this month.

The decision is the latest in a series of rulings in climate change cases. Last year, the United Nations’ top court, the International Court of Justice, said countries could be in violation of international law if they fail to take measures to protect the planet from climate change. In 2024, the European Court of Human Rights ruled that countries must better protect their people from the consequences of climate change.

In 2019, the Netherlands’ Supreme court handed down the first major legal win for climate activists when judges ruled that protection from the potentially devastating effects of climate change was a human right and that the government has a duty to protect its citizens.

___

Quell reported from The Hague, Netherlands.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Rethink – Rethink… the power of the US dollar

Next Post

The Trump Accounts rollout is the biggest advisory opportunity most accountants are missing

Next Post
The Trump Accounts rollout is the biggest advisory opportunity most accountants are missing

The Trump Accounts rollout is the biggest advisory opportunity most accountants are missing

Uefa doubles down on World Cup boycott in effort to oust Gianni Infantino

Uefa doubles down on World Cup boycott in effort to oust Gianni Infantino

August 6, 2026
The deportation economy is backfiring on American workers, top economist warns

The deportation economy is backfiring on American workers, top economist warns

August 7, 2026
IRS would create Business Child Care Liaison under new bill

IRS would create Business Child Care Liaison under new bill

August 6, 2026
Google Gemini AI Predicts Most Likely Bitcoin Price by End of 2026

Google Gemini AI Predicts Most Likely Bitcoin Price by End of 2026

August 6, 2026
IRS expands Business Tax Accounts

IRS expands Business Tax Accounts

August 6, 2026
AI labs shouldn’t be allowed to grade their own homework

AI labs shouldn’t be allowed to grade their own homework

August 8, 2026
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

Iran issues long list of steep demands the US must meet before the Strait of Hormuz will be reopened

Iran issues long list of steep demands the US must meet before the Strait of Hormuz will be reopened

August 8, 2026
Trump is about to get ‘unchecked authority’ to impose tariffs of up to 100% on top trading partners

Trump is about to get ‘unchecked authority’ to impose tariffs of up to 100% on top trading partners

August 8, 2026

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!