Hundreds of thousands of New York filers are receiving letters asking for proof of the state taxes withheld from their wages in 2018, with the Tax Department demanding copies of W-2s or paycheck stubs from the filer’s employer.
The letters are not a hoax.
They want Shell to reduce its carbon emissions 45% by 2030 compared to 2010 levels and to zero by 2050. Both targets are in line with the Paris climate accords of 2015. According to the latest IPCC climate report, the only way to achieve those goals is to rapidly transition the global economy away from its reliance on fossil fuels.
Carroll Muffett, president of the Center for International Environmental Law, said on Friday, “The IPCC has warned that window of action for avoiding irreversible and truly catastrophic climate harms is narrow and closing rapidly. Today’s suit against Shell sends a clear signal that business as usual is no longer acceptable. Companies that continue ignoring climate risks can and will be held legally accountable and financially responsible for their actions. Investors and corporate decision-makers who ignore this new reality do so at their peril.”