Phasing out fossil fuels: is real progress being made?

"There is more CO2 contained in the oil and gas reserves already being extracted than in our entire global carbon budget to keep warming under 1.5 degrees C."

Romain Loulalalen from NGO Oil Change International (OCI) tells Alasdair where we are on the global phase out of fossil fuels, what the current challenges are, how COP26 was significant and what political changes to expect in the next few years on oil and gas.  He also comments on whether the oil majors are genuinely committed to net zero targets.

Further reading: 

• Production Gap Report 2021
• Managing Peak Oil: a recent report by Carbon Tracker
• Oil Change International's Big Oil Reality Check
• Beyond Oil and Gas Alliance
• The Fossil Fuel Non-Proliferation Treaty initiative

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