Global Climate Targets Are Under Threat by Secretly Planned “Carbon Bombs”
Following last year’s U.N. Climate Change Conference in Glasgow, The Guardian completed a five-month investigation piecing together the clearest possible picture of planned future oil and gas exploration and production. The investigation revealed that the world’s biggest fossil fuel firms are quietly planning 195 projects — nicknamed “carbon bombs” — each of which would emit more than one billion tons of carbon from start to finish. If these projects were to proceed as planned, they would obliterate global climate targets with 646 billion tons of carbon emissions. Host Ethan Brown breaks down The Guardian’s report, discusses the economic interests of oil and gas companies as opposed to those of the global economy, and considers what might come next in this week’s “Tip of the Iceberg.”
For more information, see the companion “Tip of the Iceberg” essay here.