The 3 Myths Propping Up the Fossil Fuel Industry

Source: Time

Excerpt:

Fossil fuels contribute over 75% of global emissions. Every person at the COP28 climate change summit knows we need to rapidly slash the use of fossil fuels to keep global warming anywhere near the goal of 1.5°C above pre-industrial levels determined in the Paris meetings of 2015.

Nevertheless, if just 20 of the world’s major fossil-fuel-producing countries stick to their current plans, they will combine to produce double the amount of fossil fuels than those goals allow. And that doesn’t account for the other 175 or so nations in the world. Meanwhile oil-and-gas companies are profiting more than ever, and investing billions annually to keep fossil fuels going.

The reason we are knowingly marching down a path of immense suffering and economic calamity is shockingly simple. The fossil fuel industry has propagated three myths designed to scare governments from doing the right thing—and so far, it has worked. Our leaders must call their bluff and strike a deal to rapidly shift away from fossil fuels.

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