Countries plan to produce some 110 percent more fossil fuels in 2030…UNEP’s Production Gap report finds
The world needs to cut by more than half its production of coal, oil and gas in the coming decade to maintain a chance of keeping global warming from reaching dangerous levels, according to a new United Nations-backed study.
Fossil fuel producers’ plans far exceed 1.5C climate target | Climate Change
From aljazeera.com shared with thanks
The report published by the UN Environment Programme (UNEP) on Wednesday found that while governments have made ambitious pledges to curb greenhouse gas emissions, they are still planning to extract double the amount of fossil fuels in 2030 than what would be consistent with the 2015 Paris climate accord’s goal of keeping the global temperature rise below 1.5 degrees Celsius (2.7 degrees Fahrenheit).
The Production Gap report, which was released 10 days before the COP26 climate summit – billed as key to the viability of the Paris Agreement temperature goals – analysed 15 major fossil fuel producers: Australia, Brazil, Canada, China, Germany, India, Indonesia, Mexico, Norway, Russia, Saudi Arabia, South Africa, the United Arab Emirates, the United Kingdom and the United States.
see also: Fossil fuel industry gets subsidies of $11m a minute, IMF finds | Fossil fuels | The Guardian
It said government fossil fuel production plans this decade are “dangerously out of sync” with the emissions cuts needed.
