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Oil & Gas Companies Fail to Reign in Greenhouse Gas Emissions, Investors Must Demand Paris Compliant Plan

Oil & Gas Companies Fail to Reign in Greenhouse Gas Emissions, Investors Must Demand Paris Compliant Plan

Danielle Fugere

The emissions of the oil and gas industry collectively account for approximately half of global carbon dioxide (CO2) emissions. If fossil fuels continue to be extracted at the same rate over the next 28 years, as they were between 1988 and 2017, global average temperatures would be on course to rise 4°C by the end of the century. Such an increase will have catastrophic consequences.

Has anyone seen the article in the NYT about a week ago–I think it was the sunday—but it was about how these fracking companies are not making any real money—it is all financing from wall street-----and of course the same could be said of Amazon.