COP28 host UAE to extract nearly 40 billion barrels of oil and gas over 70 years
COP28 host the United Arab Emirates (UAE) has plans in place to extract 38 billion barrels of oil and gas between now and 2085–with significant further reserves that could also be extracted in that time. If all oil producing nations followed such a strategy, the world's carbon budget for 1.5 C would be exceeded many times over.
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