Study warns nearly half of fossil fuel sites need to be shut down to avoid climate disaster
A new study published on May 17 has revealed that nearly half of all existing fossil fuel production sites need to be closed down if global warming is to stay below the 1.5C threshold, the internationally agreed-upon target for avoiding a climate disaster. The research indicates that just halting the construction of new fossil fuel infrastructure is simply not enough.
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December 2024 | Carbon Minefields Oil and Gas Exploration Monitor
In November 2024, 23 oil and gas exploration licences were awarded across five countries, with Russia granting the licences that account for the largest portion of embodied emissions.
November 2024 | Carbon Minefields Oil and Gas Exploration Monitor
In October 2024, 20 oil and gas exploration licences were awarded across three countries, with a significant portion granted by Brazil.
COP 29 Must Deliver on Last Year’s Historic Energy Transition Pact
At COP 29 in Baku, countries must build on what was achieved at COP 28 and clarify what tripling renewables and transitioning away from fossil fuels means in practice.
October 2024 | Carbon Minefields Oil and Gas Exploration Monitor
In September 2024, a total of 19 oil and gas exploration licences were awarded across eight countries, with a concerning estimated volume of embodied emissions reaching 147.1 million metric tons of CO2.