The analysis - which used open-source data to map hundreds of new delivery plans around the world - found that fully a third of more than 180,000 kilometres of oil and gas pipelines in development were in North America.The accelerated rate of new pipeline construction echoes the recent US coal-mining crash, which saw investors left on the hook after American coal prices cratered due to a rapid increase in the domestic production of coal in China, once a major client.
Pipeline construction has tripled since 1996, with natural gas outnumbering oil projects four-to-one, the survey found. That accord enjoins nations to limit global temperature rises to well-under two degrees Celsius - a target in serious jeopardy as emissions continue to rise amid soaring energy demand.