US drilling boom could spell a ‘climate disaster’, report says
CNNLondon CNN Business — America’s push for oil and gas supremacy could lead to a “climate catastrophe,” a new report has warned. The report by Oil Change International said that the United States is set to “unleash the world’s largest burst” of carbon emissions from new oil and gas development if it goes ahead with its plans to expand drilling. “At precisely the time in which the world must begin rapidly decarbonizing to avoid runaway climate disaster, the United States is moving further and faster than any other country to expand oil and gas extraction,” the report said. The report by Oil Change International said that existing oil and gas fields and coal mines already contain enough carbon to push the world beyond the goals of the Paris Agreement.