Summary Environment: Carbon bombs will explode all hopes of 1.5 johnmenadue.com
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The global presence of 425 fossil fuel projects with potential to release over 1 Gt of CO2, including Australia's prioritization of increasing supply despite the need to reduce it, underscores the underreported methane emissions and the looming threat of carbon bombs.
Slides
Slide Presentation (12 slides)
Key Points
- There are over 400 fossil fuel projects with the potential to release more than 1 Gt of CO2.
- The emissions potential of these projects is roughly double the remaining carbon budget for staying under 1.5C.
- China, USA, Russia, and Saudi Arabia have the highest combined emissions potential.
- Mining for rare earth metals and other essential elements for the energy transition can be harmful to the environment and human rights.
- Fugitive methane emissions from Australia's coal, oil, and gas industries are significantly underreported.
- Poorer countries consume 60% of the world's energy.
- The environment is at a turning point and continued pollution could threaten human survival.
- The USA and Australia fail on climate change.
Summaries
38 word summary
There are 425 fossil fuel projects globally that could release over 1 Gt of CO2. Fossil fuel producing countries, including Australia, prioritize increasing supply despite the need to reduce it. Australia's methane emissions are underreported. Carbon bombs threaten
161 word summary
There are currently 425 existing and proposed fossil fuel projects globally that have the potential to release more than 1 Gigatonne (Gt) of CO2 during their operating lives. Despite recommendations from the International Energy Agency to avoid opening new fossil fuel
The policies of fossil fuel producing countries, including Australia, encourage the increase in supply of fossil fuels despite the need to reduce supply to control global warming. Efforts to defuse carbon bombs and prevent their extraction have been neglected in mainstream mitigation policy. A
Australia's fugitive methane emissions from the coal, oil, and gas industries are significantly underreported, with a 92% underreporting for oil and gas and an 81% underreporting for coal. These emissions occur during the mining and
Carbon bombs pose a serious threat to achieving climate goals of limiting global warming to 1.5 degrees Celsius. The author emphasizes the urgent need for action and highlights the importance of choosing between serving material interests (mammon) or prioritizing the environment