Consider the following statements Carbon bombs are oil or gas projects that will result in at least ...........

Explanation:

Carbon Bombs

• It is an oil or gas project that will result in at least a billion tons of CO2 emissions over its lifetime.
• Whenever coal, oil, or gas is extracted it results in pollution and environmental degradation.
• In total, around 195 such projects have been identified the world over, including in the US, Russia, West Asia, Australia, and India.
• They will collectively overshoot the limit of emissions that had been agreed to in the Paris Agreement of 2015.
• Under the IEA net-zero emissions scenario, and all Paris-aligned scenarios, all energy sources remain important through 2050, and oil and natural gas remain essential components of the energy mix.
• Net-zero emissions mean that all carbon emissions into the atmosphere must be absorbed by methods like increasing the forest cover and decreasing man-made emissions.

Hence both statements are correct.