
On Monday, a panel of the world's top climate scientists released a grave warning: Current policies are not enough to stave off the most devastating consequences of climate change. According to the Intergovernmental Panel on Climate Change, or IPCC, climate pollution from the world's existing coal, oil, and gas projects is already enough to launch the planet past 1.5 degrees Celsius (2.7 degrees Fahrenheit) of warming, and world leaders must abandon up to $4 trillion in fossil fuels and related infrastructure by midcentury if they want to keep within safe temperature limits.
Instead, rich countries like the United States are going in the opposite direction. Just last week, President Joe Biden approved ConocoPhillips' Willow Project, a so-called "carbon bomb" that could add some 239 million metric tons of carbon emissions to the atmosphere, about as much as the annual emissions from 64 coal-fired power plants.