Planned Fossil Fuel Production Vastly Exceeds the World’s Climate Goals
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Among the 20 top fossil fuel-producing countries, the U.S., Brazil and Saudi Arabia foresee significant increases in domestic oil production, while Russia, India and Indonesia all project substantial increases in coal.
November 8, 2023
The world’s top fossil-fuel producing nations are still planning to increase their output of oil, gas and coal far beyond what the world’s climate targets would allow, according to a new United Nations report.
The findings reveal a widening gap between the emissions-cutting pledges these nations have made and their continued policies to promote mining and drilling within their borders.
Even as the vast majority of countries have adopted net-zero pledges to slash their climate emissions, their own plans and projections put them on track to extract more than twice the level of fossil fuels by 2030 than would be consistent with limiting warming to 1.5 degrees Celsius, and nearly 70 percent more than would be consistent with 2 degrees Celsius of warming, according to a report released Wednesday by the U.N. Environment Program.
Scientists say that beyond 1.5 degrees of warming, more extreme and dangerous changes to planetary systems will become increasingly likely.
This “production gap” between planned output and climate goals is a warning, the report said, that the transition away from fossil fuels remains off-course.
U.N. Secretary-General António Guterres called the findings “a startling indictment of runaway climate carelessness.”
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