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Oil pumpjacks operating in Long Beach, California, in April 2020. Photo: Apu Gomes/AFP via Getty Images

The dust is still settling after Wednesday brought new legal and investor pressure on some of the world's biggest oil companies to get more aggressive on climate.

What we're watching: Via Bloomberg, the group that won a major Netherlands court ruling against Royal Dutch Shell is now laying the groundwork for cases against more fossil fuel companies.

What they're saying: "We are already supporting other organizations to set up similar cases in their countries," Friends of the Earth Netherlands director Donald Pols tells Bloomberg.

Catch up fast: A Dutch district court in The Hague ordered Shell to cut its carbon emissions by 45% by 2030 relative to 2019 levels. Shell is defending its current plans and says it will appeal.

How it works: A new Reuters piece notes that the court ruled Shell "violated its duty of care under Dutch law because its policies and emissions contributed to dangerous climate change."

  • "Michael Burger, a litigation specialist who represents local U.S. governments in climate cases including against Shell, said while Wednesday’s decision was based on Dutch law, the concept of a duty to care exists in legal systems in Europe and around the globe," it reports.

Turning to ExxonMobil, the Financial Times reports: "The activist investors who invoked the perils of climate change to win a stunning proxy battle against ExxonMobil this week said the supermajor would need to cut oil production, indicating they would keep pressing management to shift strategy in response to the shareholder vote."

The intrigue: The piece explores how the hedge fund Engine No. 1, which successfully won support for at least two new board members, views the landscape.

  • Engine No. 1 founder Chris James tells the FT they're a "capitalist group, definitely not a non-profit" and that "Our idea was that this was going to have a positive impact on the share price."

Go deeper: A day's worth of climate news brings earthquake for Big Oil

Go deeper

AOC, Tlaib and Pressley urge Biden to replace Fed chair Powell

Jerome Powell, chair of the U.S. Federal Reserve. Photo: Al Drago/Bloomberg via Getty Images

Reps. Alexandria Ocasio-Cortez (D-N.Y.), Rashida Tlaib (D-Mich.) and Ayanna Pressley (D-Mass.) are calling on President Biden to replace Federal Reserve Chair Jerome Powell with someone more focused on "eliminating climate risk and advancing racial and economic justice," according to a joint statement reported by Politico.

Driving the news: Powell's term will end in early 2022, though some economists have said Biden will likely reappoint him.

WHO warns against travel bans on southern African countries

Matshidiso Moeti, World Health Organization regional director for Africa. Photo: Sylvain Gaboury/Patrick McMullan via Getty Images

The World Health Organization called on countries Sunday to not impose travel bans on southern African nations amid concerns over the new COVID-19 Omicron variant.

Why it matters: The U.S. and countries in Europe and the Asia-Pacific announced travel restrictions in response to Omicron, which was first detected in South Africa. It's since spread to several European countries, Canada, Israel, Australia and Hong Kong. The WHO noted in a statement that only two southern African nations have detected the new variant.

Updated 3 hours ago - Health

First North American Omicron cases identified in Canada

COVID-19 testing personnel at Toronto Pearson International Airport in September. Photo: Steve Russell/Toronto Star via Getty Images

The first two cases of the new Omicron variant have been detected in North America, the Canadian government announced Sunday evening.

Driving the news: The World Health Organization has named Omicron a "variant of concern," but cautioned earlier on Sunday that it is not yet clear whether it's more transmissible than other strains of COVID-19.