EMEA > Oil and gas emissions to eat up two-thirds of global carbon budget despite industry pledge, says NGO

Oil and gas emissions to eat up two-thirds of global carbon budget despite industry pledge, says NGO

Published 14:00 on January 26, 2024  /  Last updated at 11:32 on January 26, 2024  / /  EMEA, International, Nature-based, Voluntary

Oil and gas companies that have signed up to a COP28 sectoral decarbonisation pact are set to use over 60% of the world’s remaining carbon budget under a 1.5C warming scenario, according to an NGO.
Oil and gas companies that have signed up to a COP28 sectoral decarbonisation pact are set to use over 60% of the world’s remaining carbon budget under a 1.5C warming scenario, according to an NGO.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, log in here.

This page is intended to be viewed online and may not be printed.
As per our terms and conditions, the republication or redistribution of Carbon Pulse content can result in the suspension or termination of your subscription.