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Oil and Gas Extractions Move Offshore: Trends and Risks
This report by Global Energy Monitor analyzes the increasing trend of offshore oil and gas extraction in 2024, highlighting that the vast majority of new discoveries, project approvals, and startups are located in the oceans. It argues that this shift toward deepwater development contradicts climate goals to limit warming to 1.5°C and poses significant risks to marine biodiversity and the global atmosphere throughout the project lifecycle.
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Document type: Report
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