EMEA > Europe > Oil industry falls short of 1.5C goals, finds study that takes a hard line on offsets

Oil industry falls short of 1.5C goals, finds study that takes a hard line on offsets

Published 22:56 on July 22, 2021 / Last updated at 22:56 on July 22, 2021 / / Americas, Asia Pacific, EMEA (Europe), International, Nature-based Carbon (Forestry), Net Zero Transition (Industrial Decarbonisation), Voluntary (VCM Governance)

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The world’s oil and gas industry is set to vastly exceed emissions levels compatible with limiting global warming to the Paris Agreement's 1.5C goal, according to a study that gave no weight to the sector’s massive offset buying spree.
The world’s oil and gas industry is set to vastly exceed emissions levels compatible with limiting global warming to the Paris Agreement's 1.5C goal, according to a study that gave no weight to the sector’s massive offset buying spree.


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