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A 2021 report which assesses fossil fuel industry plans to sink USD $230 billion into the development of new extraction projects in Africa in the next decade — and USD $1.4 trillion by 2050. It finds these projects are not compatible with a safe climate future and that they are at risk of becoming stranded assets that leave behind unfunded clean-up, shortfalls of government revenue, and overnight job losses. The report also contains country-level analysis for the top 16 projected oil, gas, and coal producers in Africa for 2020-2050.
[Originally posted at https://priceofoil.org/2021/10/14/the-skys-limit-africa/]
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