Friday 26 April 2019

North American drilling boom threatens major blow to climate efforts – report

North American drilling boom threatens major blow to climate efforts – report

More than half of the world’s new oil and gas pipelines are located in North America, with a boom in US oil and gas drilling set to deliver a major blow to efforts to slow climate change, a new report has found. Of a total 302 pipelines in some stage of development around the world, 51% are in North America, according to Global Energy Monitor, which tracks fossil fuel activity. A total of $232.5bn in capital spending has been funneled into these North American pipeline projects, with more than $1tn committed towards all oil and gas infrastructure.
Read more: https://www.theguardian.com/environment/2019/apr/25/us-oil-gas-boom-climate-change-report?source=Snapzu

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