ExxonMobil report

Unconventional oil and gas will fry climate: ExxonMobil report

ExxonMobil’s influential global energy report, The Outlook for Energy: A View to 2040, says that new technologies like fracking and tar sands are unlocking a gusher of oil and natural gas. Our ability to extract new sources of fossilized carbon is growing even faster than we can burn them up. ExxonMobil reports that the amazing surge in “unconventional” sources of oil and natural gas is so great that humanity can continue to burn ever increasing amounts of fossil carbon for well over a century. And that is exactly what they expect the world will do. Unfortunately for most of humanity, all that extra fossil fuel burning also comes with one very big downside.

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