Do Oil and Gas Industry Divestments Result in Emissions Increases?

As governments worldwide struggle to keep the Paris agreement’s goal of limiting global average temperature rise to 1.5°C within reach, pressure on oil and gas companies is reaching an all-time high. Global bodies such as the Intergovernmental Panel on Climate Change and International Energy Agency are emphatic about the urgent need for transparent, immediate, and ambitious decarbonization in the oil and gas industry.

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