Oil companies increase production by 14% despite global climate crisis
Oil companies, including Shell and ExxonMobil, plan to increase production by an average of 14% between 2024 and 2030 amid a global climate crisis. This decision contradicts the goals of the Paris agreement as countries struggle with record heat and wildfires. Without comprehensive policy changes, fossil fuel firms will continue to prioritize profits over environmental sustainability.
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Summary by OZbrief Editorial · The Guardian Australia · Source
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Published 07 Jul 2026, 06:00 UTC · Updated 07 Jul 2026, 07:50 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia. Editorial policy · Corrections
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