The latest IPCC assessment conclusively shows that the expansion of oil and gas production through projects like Equinor's Bay du Nord oil project is incompatible with meeting global climate targets.
"The IPCC has made it clear - any expansion of oil and gas production at this point is an open declaration that our climate targets do not matter. Any money invested into developing large scale projects, like Bay du Nord, is money we will not see returned when these projects are abandoned. We need immediate and decisive change, or we will be beyond the point of no return," says Heather Elliott, local NL campaigner with the Sierra Club Canada Foundation.
As U.N. Secretary-General António Guterres put it: "The truly dangerous radicals are the countries that are increasing the production of fossil fuels"
The Bay du Nord project would also make Canada's existing emissions targets in the government's new emissions reduction plan impossible to reach as research on the subject of expanding oil and gas projects shows.
This IPCC assessment comes after youth demonstrators confronted Environment Minister Steven Guilbeault at a press conference on Friday calling for him to reject Bay du Nord and held a mass demonstration afterwards.
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