The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRDSA.L Share News (RDSA)

  • There is currently no data for RDSA

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Dutch companies want next gov't to focus on shift to clean energy

Tue, 25th Oct 2016 14:12

AMSTERDAM, Oct 25 (Reuters) - Dozens of Dutch companiescalled on the country's next government on Tuesday to establishan independent climate authority, environment minister andnational investment bank to speed up the shift to clean energy.

The rare call for more government came from 39 companies,including oil giant Royal Dutch Shell, insurer Aegon and engineering consultancy Arcadis.

They argued that future Dutch leaders must adopt acomprehensive "climate law" after the general elections nextMarch 15 that would establish bodies to oversee policies neededto meet targets set out in the 2015 Paris climate accord.

The coalition "wants to be part of the solution and choosesunequivocally to accelerate the energy transition," the openletter said. "Acceleration costs more, but yields more. Itoffers the Netherlands the chance to be a leader insustainability."

After falling behind on its own emissions reduction targets,the Dutch government said earlier this month that it may meetits 2020 carbon dioxide emission goals after all due to a fasterrollout of wind energy and 100 million euros ($110 million) inextra spending.

Prime Minister Mark Rutte called the goal "within grasp"after the Dutch Environmental Assessment Agency estimated carbonreduction by 2020 will be around 23 percent, compared to 1990levels, up from a previous estimate of only 17 percent.

A dedicated climate authority would oversee theimplementation of policies, while the national investment bankwould fund innovation and large-scale energy projects, the groupsaid. (Reporting by Anthony Deutsch; Editing by Tom Heneghan)

More News
15 Nov 2021 08:45

LONDON MARKET OPEN: Shell rises on share structure plans; CMC surges

LONDON MARKET OPEN: Shell rises on share structure plans; CMC surges

Read more
15 Nov 2021 08:27

UK welcomes Shell's tax shift to Britain

LONDON, Nov 15 (Reuters) - Britain's business minister has welcomed a decision by Royal Dutch Shell to scrap its dual share system and move its tax residence to the UK, saying it is a vote of confidence in the national economy.Shell said earlier o...

Read more
15 Nov 2021 08:05

LONDON BRIEFING: Royal Dutch Shell to become plain old Shell

LONDON BRIEFING: Royal Dutch Shell to become plain old Shell

Read more
15 Nov 2021 07:45

LONDON MARKET PRE-OPEN: Shell simplifies shares; CMC to mull split

LONDON MARKET PRE-OPEN: Shell simplifies shares; CMC to mull split

Read more
15 Nov 2021 07:21

UPDATE 6-Shell ditches the Dutch, seeks move to London in overhaul

* Shell says new structure to speed up payouts* Dutch court ordered Shell to accelerate energy shift* 'Royal Dutch' to be dropped from name (Adds detail on Shell's current)By Shadia Nasralla and Sachin RavikumarLONDON, Nov 15 (Reuters) - Royal Dutch...

Read more
15 Nov 2021 07:21

UPDATE 7-Shell ditches the Dutch, seeks move to London in overhaul

* Shell says new structure to speed up payouts* Dutch court ordered Shell to accelerate energy shift* 'Royal Dutch' to be dropped from name (Updates with report government again trying to scrap dividend tax)By Shadia Nasralla and Sachin RavikumarLO...

Read more
15 Nov 2021 07:21

UPDATE 5-Shell ditches the Dutch, moves to London in share structure overhaul

* Shell says new structure to speed up payouts* Dutch court ordered Shell to accelerate energy shift* 'Royal Dutch' to be dropped from name (Adds detail on share buyback plans, Brexit context)By Shadia Nasralla and Sachin RavikumarLONDON, Nov 15 (Re...

Read more
15 Nov 2021 07:21

UPDATE 4-Shell ditches the Dutch, moves to London in share structure overhaul

* Shell says new structure to speed up payouts* Dutch court ordered Shell to accelerate energy shift* Analyst says move to boost Shell's buyback ability* 'Royal Dutch' to be dropped from name (Adds comment by shareholder, Dutch government reaction)B...

Read more
15 Nov 2021 07:21

UPDATE 3-Shell to scrap dual listing, shift to London in energy transition

* Shell says new structure to speed up payouts* Dutch court ordered Shell to accelerate energy shift* 'Royal Dutch' to be dropped from name (Adds analyst comment, background)By Shadia Nasralla and Sachin RavikumarLONDON, Nov 15 (Reuters) - Royal Dut...

Read more
15 Nov 2021 07:21

UPDATE 2-Shell to scrap dual share structure, as it battles activist investor

* Third Point called for Shell to be broken up* Shell says its businesses work better together* 'Royal Dutch' to be dropped from name* Shell to shift its tax residence to Britain (Adds details from announcement, background)Nov 15 (Reuters) - Royal D...

Read more
15 Nov 2021 06:13

UPDATE 7-Oil settles mixed on questions over crude supply, demand, strong dollar

(Updates with settlement prices, adds commentary)By Laura SanicolaNEW YORK, Nov 15 (Reuters) - Oil prices settled mixed on Monday as investors wondered whether crude supplies will increase and whether demand will be pressured by the recent surge i...

Read more
15 Nov 2021 06:13

UPDATE 6-Oil prices slide on strong dollar, rising crude supplies

(Adds latest prices, changes dateline to New York)By Laura SanicolaNEW YORK, Nov 15 (Reuters) - Oil prices slipped to a one-week low on Monday on expectations supplies will increase while demand will be pressured by the recent surge in energy cost...

Read more
11 Nov 2021 12:26

LONDON MARKET MIDDAY: Pound falls to near one-year low, lifts FTSE 100

LONDON MARKET MIDDAY: Pound falls to near one-year low, lifts FTSE 100

Read more
11 Nov 2021 08:54

LONDON MARKET OPEN: Auto Trader and Johnson Matthey bookend FTSE 100

LONDON MARKET OPEN: Auto Trader and Johnson Matthey bookend FTSE 100

Read more
10 Nov 2021 17:00

Battery swap startup Ample hits unicorn status with new funding round

By Paul LienertNov 10 (Reuters) - Ample, the San Francisco startup focused on electric vehicle battery swapping, has raised another $50 million, the company said on Wednesday, in a round led by Blackstone.The latest funding comes on the heels of a...

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.