Posted on 05/22/2022 3:51:04 PM PDT by Libloather
The world’s biggest fossil fuel firms are quietly planning scores of “carbon bomb” oil and gas projects that would drive the climate past internationally agreed temperature limits with catastrophic global impacts, a Guardian investigation shows.
The exclusive data shows these firms are in effect placing multibillion-dollar bets against humanity halting global heating. Their huge investments in new fossil fuel production could pay off only if countries fail to rapidly slash carbon emissions, which scientists say is vital.
The oil and gas industry is extremely volatile but extraordinarily profitable, particularly when prices are high, as they are at present. ExxonMobil, Shell, BP and Chevron have made almost $2tn in profits in the past three decades, while recent price rises led BP’s boss to describe the company as a “cash machine”.
The lure of colossal payouts in the years to come appears to be irresistible to the oil companies, despite the world’s climate scientists stating in February that further delay in cutting fossil fuel use would mean missing our last chance “to secure a liveable and sustainable future for all”. As the UN secretary general, António Guterres, warned world leaders in April: “Our addiction to fossil fuels is killing us.”
Details of the projects being planned are not easily accessible but an investigation published in the Guardian shows:
The fossil fuel industry’s short-term expansion plans involve the start of oil and gas projects that will produce greenhouse gases equivalent to a decade of CO2 emissions from China, the world’s biggest polluter.
These plans include 195 carbon bombs, gigantic oil and gas projects that would each result in at least a billion tonnes of CO2 emissions over their lifetimes, in total equivalent to about 18 years of current global CO2 emissions. About 60% of these have already started pumping.
(Excerpt) Read more at theguardian.com ...
The only realistic solution to global warming would be to halt NASA, NOAA, and the Air Force’s geoengineering programs.
Sounds like Pootie’s Greenie energy saboteurs are still hard at work in the West...
Good
Lets just finally get it over with
At least no libs will be left alive to annoy and Karen all of us
We are now able to regulate the sun with international agreements? Do people believe this?
How about the carbon bomb of a major volcanic eruption? What’cha gonna do about that?
Simple solution (which they also don’t want)
Nuclear
Actually only 5.2 yrs left. The extra pollution from mining lithium etc for making batteries plus the fires that the batteries cause plus the landfills of old batteries and windmill parts shorten the time left.
Most likely true
"CARBON BOMBS!! I've perfected carbon bombs! Wait until the CEO gets a load of this!"
Putin has far less time to give the planet a case of Putin fever.
Russia is better positioned to survive possible global warming than any other country outside of Scandinavia.
There’s no radioactive fallout from Putin fever.
These environMENTALISTS need to get a real job and stop pimping their enviroscams. It’s not our fault the dummies screwed up picking the career they wanted. EnvironMENTALISTS are bigger crooks and thieves than lawyers.
I’m still waiting for the Ice Age they promised all thru the 60’s and 70’s, it was all the rage back then.
The very idea that self-serving bought-and-paid-for politicians and professional affirmative-action bureaucratic parasites can change global climate to some mythical natural state by confiscatory taxes and onerous regulation would be laughable if it weren’t so terrifying.
Two trillion in profits. Thirty years. Four similarly sized oil companies. That is about $17 billion per company per year. Typically on sales of about $230 billion per year. About a 7.5% profit.
CLIMAGEDDON!!!!! 🌋💨🌀🌞🆘🔥💫💦💥🌠
“The Whole Point of the Doomsday Machine is Lost if You Keep it a Secret!”
But EVERY Lib’s infantile sense of reality makes them sure they’ll still be here...terrified of life and constantly b*tching about it. I don’t think they could contribute to society even if their organs were harvested.
If nucular was that simple we would have replacements for the untold number of coal fired flattened, retired, shutdown, power plants.
It would have begun in GWB’s Presidency over twenty years ago before the shutdowns began and while George was busy mispronouncing the word.
Nuclear powers most of France.
The greenies here (read commies) don’t want it and so fight it every step of the way
Yep!
Our best hope is that congress will empanel 3-4 new commissions to study the matter, xiden will issue new E.O.s that have to do with guns, free speech, & individual thought, and the GOP will, as usual, sit around and masturbate...
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