BP is planning to drill for fossil gas on the edge of what is thought to be the world’s largest cold-water coral reef – raising the risk of biodiversity loss, further global heating and toxic fuel spills.
The British oil giant has begun construction work on a fossil fuel project close by to the 580km-long coral ecosystem off the coast of west Africa, which is in an area crucial for migrating waterbirds, as well as threatened sharks, turtles and whales, according to an investigation by Unearthed and SourceMaterial shared with The Independent.
The project is the “first step” in a series of developments in the region that, if approved, aim to produce around 40 trillion cubic feet of gas over the next 30 years, according to an independent estimate from Rystad Energy, a research firm.
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When burned, this amount of gas would produce 2.2 billion tonnes of CO2 – nearly twice the annual energy emissions of the entire African continent. In global terms, it equates to between 0.3 and 1 per cent of the remaining global “carbon budget” left to keep the global temperature rise to 1.5C above pre-industrial levels.
A BP spokesperson said they were unable to comment on Rystad’s projection, and declined to provide their own forecast.
BP has previously promised to slash its emissions to net zero by 2050 and to cut its oil and gas production by 40 per cent within a decade. The oil firm is also a partner of Prince Charles’s Terra Carta initiative, which aims to “bring prosperity into harmony with nature”.
Source: Independent
