Globally, more than two thirds of proven coal, oil and gas reserves are unburnable within the global warming limits set out in the Paris Agreement. That raises the stakes for fossil fuel ventures: either they will lose value as climate policies bite, or profit while the world burns.
international petroleum week
“In fact, they have known this for a very long time. But they refuse to change. They continue to put private profit over human life. The fact that they are still talking about acquiring new fossil fuel reserves at this point in the climate crisis is not only deeply immoral, it is evidently criminal. We all have a moral duty to stop them.”