New Oil Projects Won’t Pay Off if World Meets Paris Climate Goals, Report Shows – Inside Climate News
Article Synopsis – A new report reveals that, despite oil companies claiming they support efforts to reduce carbon emissions, they are continuing to invest in projects that do not align with those goals. The report found that “billions of dollars in new projects that were greenlit last year would lose money if the world succeeds in limiting warming to below 2°C”. To read the actual article click here.