Photo: aljazeera.com
"NGOs Warn of 28 New 'Carbon Bombs' Erupting Amid Fossil Fuel Push"
A report by NGOs reveals the launch of 28 new carbon bomb projects globally since 2021, exacerbating climate change despite commitments like the Paris Agreement to reduce fossil fuel reliance.
- The report, published by a coalition of non-governmental organizations, identifies 28 new carbon bomb projects that will significantly increase carbon dioxide emissions over the next few decades.
- These fossil fuel extraction projects, including coal and petroleum, are expected to emit over 3 billion tonnes of carbon, undermining global climate goals outlined in the Paris Agreement.
- The International Energy Agency has warned that continued investment in such fossil fuel initiatives directly contradicts the urgent need to phase out carbon-heavy energy sources.
Why It Matters
The proliferation of these carbon bomb projects poses a serious threat to global climate objectives, highlighting the urgent need for stricter regulations and a shift towards sustainable energy solutions. This trend jeopardizes collective efforts to meet the commitments of the Paris Agreement.