OPINION: The Australasian Centre for Corporate Responsibility (ACCR) is hauling Santos to court to prove its net zero credentials in the latest of a growing number of climate litigation cases facing the industry.
ACCR claims the case is the first in the world to challenge a company’s net zero emissions target, as well as a test case on the viability of carbon capture and storage and the environmental impacts of blue hydrogen.
However, it is unlikely to be the last challenge to a company’s net zero ambitions, with climate litigation a mounting challenge facing hydrocarbon producers.