There are currently 425 existing and proposed fossil fuel projects globally that have the potential to release more than 1 Gigatonne (Gt) of CO2 during their operating lives. Despite recommendations from the International Energy Agency to avoid opening new fossil fuel.

The policies of fossil fuel producing countries, including Australia, encourage the increase in supply of fossil fuels despite the need to reduce supply to control global warming. Efforts to defuse carbon bombs and prevent their extraction have been neglected in mainstream mitigation policy.

Australia’s fugitive methane emissions from the coal, oil, and gas industries are significantly underreported, with a 92% underreporting for oil and gas and an 81% underreporting for coal.

Carbon bombs pose a serious threat to achieving climate goals of limiting global warming to 1.5 degrees Celsius. The author emphasizes the urgent need for action and highlights the importance of choosing between serving material interests (mammon) or prioritizing the environment.

  • flossdaily@lemmy.world
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    1 year ago

    Liberals: “climate change is the number one threat to our country and humanity as a whole.”

    Conservatives: “It’s not even a problem. We needed to talk about real threats likes trannies playing sports.”

    • Treevan 🇦🇺@aussie.zoneOP
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      1 year ago

      In an Australian forum using Liberals and Conservatives is saying the same thing. Liberals are our conservatives!

      I was like the Liberals have never said that. Saw Conservatives, got me. Sneaky American.

  • Zagorath@aussie.zone
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    1 year ago

    It frustrates me so much that contrary to @[email protected]’s comments about “liberals” (translating that to “centre-left parties/Labor”), even our Labor state and federal governments are still approving new coal projects.

    Centre-left parties might talk a big game on environment, but when you look where it actually matters: their actual actions, they are depressingly milquetoast.

      • Zagorath@aussie.zone
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        1 year ago

        Yes, but calling Labor centre-right would require admitting that the LNP is far-right, and the political establishment could never do that.

    • flossdaily@lemmy.world
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      1 year ago

      Biden recently passed the biggest climate mitigation bill in history… And yeah, it’s not enough.