Scientists call for fossil fuel limits
Burning existing reserves identified by national govts and commodity firms will result in dangerous climate change
London
THE world can only consume a fraction of the known deposits of fossil fuels if it's to avoid the most dangerous impacts from climate change, according to the biggest ever assessment of the issue.
Burning the existing reserves of oil, natural gas and coal that have already been identified by national governments and commodity companies would cause widespread droughts, more violent storms and melting of polar ice caps, a long-awaited report by a panel of climate scientists gathered by the United Nations said.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
Shell to exit South Africa's downstream businesses
EU clears Nippon Steel's US$14.9 billion purchase of US Steel
Shell in talks to sell Malaysia fuel stations to Saudi Aramco: sources
Indonesia's PGN, Freeport sign gas supply deal for smelter
Maersk says Red Sea disruption will cut capacity by 15-20% in Q2
China’s Sinopec in talks for gas offtake, stake in Canada’s Cedar LNG