Revealed: the ‘carbon bombs’ set to trigger catastrophic climate breakdown (only 8.67 years left)

The Guardian ^ | 5/11/22 | Damian Carrington, Matthew Taylor

[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.

[Glad2bnuts]

Whatever happened to the “bigger source of energy than coal, oil, hydro, wind and solar” could produce? I am asking about the Methyl Hydrate, methane trapped under the seas and in permafrost in Northern extremes? One of the dangers Globull weather changers speak of, is the heating of the climate will release the methane, which will become a “force multiplier” to turn Earth into a hell planet. If this is going to happen, why not mine the MH...Methyl Hydrate, and burn it in our power plants, cars, industries, smelting steel, and powering cargo ships and even fishing boats?

[Glad2bnuts]

That is not true, about nobody listening. The IMPORTANT people are listening, those who are set to make generational wealth beyond our comprehension. The NEW Lords and Ladies of the Manor. They will own EVERYTHING, and be happy.

[HereInTheHeartland]

They constantly try to change the language to create catchy phrases to terrify people ,
That’s what regressives do.
And yes they need to called regressives, not progressive .
They regress back to failed Marxist ideas.
They never have any new ideas

[justapicker]

So if big oil reduced its producible reserves by 60% over the next seven years, with oil and natural gas prices already at record levels and the price of gasoline and electricity produced by these evil carbon bombs at record levels (which directly result in higher inflation) what does the Guardian think will happen to the economy, the cars on the side of the road for lack of gasoline or electricity; homes, hospitals and buildings without electricity and air conditioning, stores without food and products due to lack of deliverability, or do they care? It’s more important to enslave the free world to their debunked theory and turn the US into a third world country.

[MadMax, the Grinning Reaper]

More MARXIST fake science BS. They most have graduated from the Lysenko Institute of Disinformation and Climate Clownism.

[markman46]

Yep I stopped after a short scan

[cymbeline]

“The sky is falling!
The sky is falling!”

A chicken ran up to a farmer and said “The sky is falling”. The farmer said, “Oh my God, a talking chicken”.

[wita]

I’m surprised Germany hasn’t decided to invade France because of all the nuclear going on. Maybe they have realized that renewals aren’t quite the answer to the reliable energy equation.