Ten Years On, New Data Shows Fossil Fuel Expansion Is Torching the Paris Agreement
Ten years after the Paris Agreement was signed, new data reveals that the fossil fuel industry has largely chosen to disregard the accord’s goals, continuing to expand oil, gas, and coal projects despite global pledges to curb emissions.
New findings from Eclaircies, Data for Good, LINGO, and Reclaim Finance highlight pressure on governments backing high-emission industries.
As world leaders gather for the Paris Peace Forum, marking a decade since the landmark climate accord to limit global warming to 1.5 degrees Celsius, researchers warn that hundreds of new and existing fossil fuel projects could push the planet far beyond its remaining carbon budget.
Global pledges to curb emissions are being disregarded by the fossil fuel industry.
Author's summary: Fossil fuel expansion undermines Paris Agreement goals.
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