City of Paris achieves partial victory over TotalEnergies in climate risks case
Summary
A Paris court ruled that the French oil company TotalEnergies must reveal the climate risks related to its oil and gas products and update its plans to address these risks. This decision supports efforts to apply France’s corporate duty of vigilance law to climate change but does not require TotalEnergies to reduce production or stop new fossil fuel projects.Key Facts
- The Paris court requires TotalEnergies to disclose climate risks linked to emissions from its products.
- The ruling partially applies France’s 2017 corporate duty of vigilance law to the climate crisis.
- The court said TotalEnergies’ climate risk plan was incomplete and must include emissions from users of its products (called Scope 3 emissions).
- NGOs and the city of Paris brought the case, arguing TotalEnergies should account for indirect emissions from customers.
- The court did not order TotalEnergies to limit oil and gas production or stop new fossil fuel projects.
- TotalEnergies argued that cutting production would not stop climate change and that the company represents less than 2% of global fossil fuel output.
- The city of Paris called the ruling a historic step in French climate law.
- The case is part of a larger trend where courts address companies’ responsibilities for climate change.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.