A planned expansion of oil firm Preem's refinery in Lysekil, Sweden, would cost more than EUR 1.4 billion and increase CO2 emissions by over one million tonnes per year. Greenpeace calls it a victory for the climate movement, while Preem says its decision to drop the plans is purely commercial.
Is expanding the oil industry reconcilable with strict climate goals?
The question is being addressed across the globe these years, and last week an answer of sorts came out of Sweden.
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