Study alerts to increased fossil fuel production around the world

by Andrea
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Study alerts to increased fossil fuel production around the world

Authors appeal to countries, who must present their climate policies before COP30 in November in Brazil to “reversed” the trend

Fossil energy-producing countries worldwide plan to increase extraction in the coming years to levels incompatible with international climatic goals, according to a report published Monday by several reference institutes.

“In total, governments plan to produce much more fossil energies than would be consistent with a limitation of global warming between 1.5 ° C and 2 ° C,” Derik Broekhoff’s press conference from the Stockholm Environment Institute (SEI), co -author of the study.

“Countries now predict a production of these even higher energies compared to two years ago,” in the last edition of the study, stressed the researcher, pointing to the “disconnection between climate ambitions and what countries really plan to do.”

The production of coal, oil and gas scheduled for 2030 represents more than double (120% more) of volume that would limit global warming to 1.5 ° C, the most ambitious limit of the Paris agreement, according to SEI calculations.

Given the purpose of respect for the maximum limit of the 2015 agreement, set at 2 ° C, the predicted production of fossil energies is 77% too high, according to the report, prepared with the International Institute for Sustainable Development (IISD) and the Climate Analytics Institute.

The difference between production trajectories and volumes compatible with international climate ambitions has increased even more since the last edition of this study in 2023.

The authors appeal to countries, who must present their climate policies before COP30 in November in Brazil to “reversed” the trend.

At Dubai COP28 in 2023, the world has pledged to make a “transition” to “a way out of fossil fuels.” Massive use of coal, oil and fossil gas is the main cause of global warming of human origin.

Among the 20 largest producing countries studied (Saudi Arabia, the United States, China, Brazil …), 17 plan to increase the production of at least one fossil energy by 2030.

Eleven of them even increased the prospects for extraction in relation to what they predicted to 2023.

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