National oil companies risking $400bn on projects incompatible with Paris climate goals, report claims

Many developments would only break even if global emissions targets are breached, group claims

Petro-Canada's Edmonton Refinery and Distribution Centre glows at dusk in Edmonton in February 2009
Petro-Canada's Edmonton Refinery and Distribution Centre glows at dusk in Edmonton in February 2009Photo: REUTERS/SCANPIX
Published 11 February 2021, 11:18Updated 11 February 2021, 11:20