London CNN — Oil and gas producers must confront a “pivotal” choice: continue to accelerate the climate crisis or become part of the solution, the International Energy Agency said in a report Thursday. The industry currently accounts for only 1 percent of global investment in clean energy, and continues to pump out disastrous quantities of planet-heating gases, including methane, which is roughly 80 times more potent than CO2 in the near term. If the world is to stand any chance of limiting the rise in global temperatures to 1.5 degrees Celsius above pre-industrial levels, drastic action is needed on both fronts, and fast, the IEA said. The warning comes ahead of COP28, a United Nations
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