[Ost-news] Mankind can't afford more oil drilling-ex-BP exec

[Oil Sands Truth: Shut down the Tar Sands - social and environmental impacts of tar sands heavy oil projects across North America]

Mankind can't afford more oil drilling-ex-BP exec  
By Gerard Wynn

LONDON, Feb 13 (Reuters) - Known oil, gas and coal reserves may already contain a quarter more carbon than mankind can emit and still avoid dangerous climate change, putting the value of new oil exploration in doubt, said a former oil major executive.  
The oil industry may be wasting $50 billion annually searching for new fields, said Jan-Peter Onstwedder, formerly BP's most senior risk manager. He left BP in December.

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    [1]: http://oilsandstruth.org/mankind-can039t-afford-more-oil-drillingexbp-exec

URL: http://oilsandstruth.org/mankind-can039t-afford-more-oil-drillingexbp-exec