Shell (SHEL, SHELL.AS) has won an appeal against a 2021 decision by The Hague district court that required the energy giant to cut its carbon emissions from 2019 levels by 45% by the year 2030. The appeals court ruled that while Shell must lower its carbon emissions, the court is unable to determine the magnitude of the cuts.

Yahoo Finance anchors Seana Smith and Madison Mills report on the decision.

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This post was written by Stephanie Mikulich.