Oil Change International: Report - $1.4T Fossil Fuel Buildout Jeopardizes Africa's Economies, Climate, and Communities
October 14, 2021
October 14, 2021
WASHINGTON, Oct. 14 (TNSRes) -- Oil Change International issued the following news release on Oct. 13, 2021:
A new report released today assesses fossil fuel industry plans to sink USD 230 billion into the development of new oil and gas production in Africa in the next decade. These reach $1.4 trillion by 2050. It finds these projects are not compatible with a safe climate future and are at risk of becoming stranded assets.
The report, The Sky's Limit Africa: The c . . .
A new report released today assesses fossil fuel industry plans to sink USD 230 billion into the development of new oil and gas production in Africa in the next decade. These reach $1.4 trillion by 2050. It finds these projects are not compatible with a safe climate future and are at risk of becoming stranded assets.
The report, The Sky's Limit Africa: The c . . .