Big polluters’ share prices fall after climate lawsuits, study finds
Photo: The Supreme Court of the Netherlands/Kaan Architechten. In 2019, the Urgenda Foundation, a Dutch environmental group, and 900 Dutch citizens successfully sued the State of the Netherlands, requiring it to do more to prevent global climate change. This serves as a high-profile, early example of government framework climate litigation.
Fossil fuel companies register drop in value after litigation or unfavourable judgments. Misato Sato is quoted in the piece.
Guardian 22 May 2023