Live data from Hacker News

Shell ordered to cut CO2 emissions by 45% in landmark climate case

euronews.com

291–292 of 292 posts

Re: Shell ordered to cut CO2 emissions by 45% in landmark climate case

#291
post #269

Earlier quoted context omitted.

This could be the equivalent to price fixing, which is not productive and makes the whole system operate less efficiently, generally resulting in the opposite of what you want. Just because you don't like something doesn't mean you can just force it to go away by law.

> Just because you don't like something doesn't mean you can just force it to go away by law. Of course you can. See tobacco industry. My country made it illegal for them to advertise their product and to openly smoke in public spaces, imposed taxes to make it more expensive for consumers and also required them to add shocking images to the packs to remind people of the consequences. It was incredibly successful, ver…

I didn't realize cars and planes run on tobacco advertisements. Obviously certain things are not necessary and can be removed.

Re: Shell ordered to cut CO2 emissions by 45% in landmark climate case

#292

Earlier quoted context omitted.

You are arguing the very long term prospects for oil and gas aren't great. I agree. But that has little to do with whether or not this case will have any impact on oil and gas extraction. It's just a PR move, which won't affect the number of barrels pumped out of the ground each year.

I'm not quite sure what you mean by "just a PR move" since this has strong legal implications with a timeline for one of the big players. Shell has been dealt a major legal blow, and precedent has been set for all the smaller players. This will have big impacts for financing future fossil fuel extraction, because all the financiers see what's happened here. This has major implications, there's no PR anywhere near thi…

It might have small impacts on drilling financing in the Netherlands.
Post reply on HN