The fossil fuel industry is “racing toward climate breakdown with its foot on the accelerator,” said one official at the German environmental rights group Urgewald on Tuesday as the group released its Global Oil and Gas Exit List.

The report shows that as world leaders prepare to meet in Brazil for the annual United Nations climate summit, any discussion they have there regarding a green transition is being undercut by massive expansion in oil and gas extraction and production, including in the fracking and liquefied natural gas ( LNG ) industries.

Four years after the International Energy Agency (IEA) stated that no new oil and gas fields have a place on a pathway to limiting planetary heating to 1.5°C — marking global energy experts’ public endorsement of warnings that

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