The IPCC states carbon emissions must fall by half by 2030 to preserve the chance of a liveable future, yet they show no sign of declining. Experts have been warning since at least 2011 that most of the world’s fossil fuel reserves could not be burned without causing catastrophic global heating. Next, where exactly are the biggest projects around the world, the so-called carbon bombs that would explode the climate? State oil companies lead the Urgewald short-term expansion list, with Qatar Energy, Russia’s Gazprom and Saudi Aramco the top three. But the investment plans of the biggest oil companies are sharply at odds with the goal of halting the climate crisis.

Source: The Guardian May 11, 2022 12:26 UTC