Read the latest insights and analysis from the experts at Oil Change International.
Our research has found that the carbon budget will be exhausted with current development and some currently-operating fossil fuel projects will need to be retired early in order to have a good chance of staying below the 2C limit.
A graphic published today by Oil Change International shows the carbon left in the ground in cancelled tar sands projects and the potential impact of continued action to stop tar sands pipelines.
The U.S. oil boom is a clear threat to the tar sands market in the Gulf Coast. The State Department failed to acknowledge this in the SEIS.
In the last quarter of 2011, the majority (51%) of the two prime transport fuels produced in Port Arthur and Houston area refineries went to export markets, including 73% of gasoline and 40% of diesel.
