The devil is in the details, and at this year’s UN global climate conference, the details start with words like “unabated,” and “operational.”
Increased supply is largely going into exports as massive buildout of LNG export terminals undermines the Biden administration’s much-touted climate legacy.
This revelation raises crucial concerns about the effectiveness of the IRA in combating the escalating climate crisis.
More than 1,000 oil and gas companies worldwide are actively plotting to enlarge their fossil fuel operations.
"Our leaders must stand up to these polluting industries, halt all new fossil fuel projects, and implement policies that phase out dangerous fossil fuels for good."
"They’ve been playing us all for fools."
While the U.S. is the frontrunner when it comes to the size of new oil and gas plans, Canada, Russia, Iran, China, Brazil and United Arab Emirates are consecutive on the list.
Secretary of the Interior Deb Haaland authorized cancellation of the remaining leases.
Petroecuador, the state oil company, will be required to dismantle its operations at the park's eastern edge in the Amazon in the coming months.
Climate activists and community associations, who were concerned about the risks associated with oil-by-rail shipments, counted the city’s rejection of the permit as a major victory, and were tantalizingly close to prevailing over the company.