US Behind More Than a Third of Global Oil and Gas Expansion Plans, Report Finds

An anonymous reader shares a report: The US accounts for more than a third of the expansion of global oil and gas production planned by mid-century, despite its claims of climate leadership, research has found. Canada and Russia have the next biggest expansion plans, calculated based on how much carbon dioxide is likely to be produced from new developments, followed by Iran, China and Brazil. The United Arab Emirates, which is to host the annual UN climate summit this year, Cop28 in Dubai in November, is seventh on the list. The data, in a report from the campaign group Oil Change International, also showed that five "global north countries" -- the US, Canada, Australia, Norway and the UK -- will be responsible for just over half of all the planned expansion from new oil and gas fields to 2050. Greenhouse gas emissions from all of the oil and gas expansion that is planned in the next three decades would be more than enough to drive global temperatures well beyond the limit of 1.5C above pre-industrial levels that countries agreed in 2021 at Cop26 in Glasgow, the report found.

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