The Sky’s Limit Africa 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.
Stopping these fossil fuel projects would prevent a drastic increase in GHG pollution at a time when it is imperative to decrease emissions to meet domestic and international climate goals, including the Paris Agreement that President Biden rejoined.
Released ahead of crucial UN climate talks in Glasgow, Scotland, this report examines why UK and Scottish Government policy to maximise oil and gas extraction from the North Sea is incompatible with stated commitments to the Paris Agreement goal of limiting dangerous warming to 1.5 degrees Celsius (ºC).
The report highlights and analyzes 26 Indigenous frontline struggles in the past decade against a variety of fossil fuel projects across Turtle Island over all stages of the fossil fuel development chain. Our analysis reveals that Indigenous resistance to carbon over the past decade has stopped projects equivalent to 400 new coal-fired power plants, or roughly 345 million new passenger vehicles. Additionally, Indigenous resistance has helped shift public debate around fossil fuels and Indigenous Rights, while averting lock-in of carbon-intensive projects.