China’s 2060 carbon neutral pledge ‘incompatible’ with expansion of oil and gas pipelines, study says

//China’s 2060 carbon neutral pledge ‘incompatible’ with expansion of oil and gas pipelines, study says

China’s 2060 carbon neutral pledge ‘incompatible’ with expansion of oil and gas pipelines, study says

China’s expansion of its oil and gas pipeline network is putting it on a “collision course” with its ambitious target to reach carbon neutrality by 2060, according to a report published on Tuesday, while simultaneously raising the possibility of making billions of dollars of assets obsolete.More than US$1 trillion in fossil fuel pipeline projects are under development globally, researchers at Global Energy Monitor found, threatening Paris climate goals and recent pledges from major economies,…

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By | 2021-02-02T05:29:54+00:00 February 2nd, 2021|World|Comments Off on China’s 2060 carbon neutral pledge ‘incompatible’ with expansion of oil and gas pipelines, study says