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So now Shell will presumably move their headquarters out of the Netherlands. Their global emissions will then no longer count as Dutch and as a result they'll
by mhandley 5y ago
So now Shell will presumably move their headquarters out of the Netherlands. Their global emissions will then no longer count as Dutch and as a result they'll comply with the judgement for reducing Dutch emissions.
- jakub_g 5y agoNetherlands is actually one of the most attractive countries to have HQ in, due to low tax rates. Sure, if they look around they could find something similar but the bad publicity from this would be really huge IMO.
- mhandley 5y agoThe bad publicity will probably be mostly confined to the Netherlands. So presumably they'll figure out the expected costs of that, vs the cost to their global business model of 45% reduction in production. Pretty sure which way that maths will work out. If they've got any sense, they'll also start to ramp up their investments in renewables, as I'm sure they can see the writing is on the wall for their current business model. But I doubt they'll be willing or able to change fast enough for 2030.