Unextracted

    It’s time we started holding extractive companies accountable for their unrealistic and irresponsible plans. The latest scientific estimates, published in the Nature journal, are that 60 percent of oil and fossil methane gas, and 90 percent of coal must remain unextracted to keep within a 1.5 degrees Celsius carbon budget. Any oil and gas or mining company – or any national government – that bases their projected reserves and future revenues on digging up and burning any more than this is perpetuating a carbon bubble about to burst, leaving billions of dollars in stranded assets. The Great Carbon Disruption is upon us.

    — Wayne Visser

    More on Climate & Energy

    From Purpose Inspired: Reflections on Conscious Living, Volume 5. Buy on Lulu ↗