2 December 2020 Climate Home News. Coal, oil and gas production to blow climate targets despite pandemic dip, report warns. UN-backed Production Gap report projects a 2% annual rise in global fossil fuel output this decade, when 6% cuts are needed in line with a 1.5C warming limit. While some governments have promised a green recovery to the coronavirus pandemic, fossil fuel producing nations are planning to increase output of coal, oil and gas to levels inconsistent with commitments to limit global heating. That is the warning of the Production Gap report, a major UN-backed analysis published on Wednesday, which calls on countries to coordinate an equitable and managed wind-down of fossil fuel production. The coronavirus pandemic and restrictions to halt its spread have led to significant short-term drops in coal, oil and gas production this year, with global fossil fuel output falling by an estimated 7% from 2019 to 2020. But while the pandemic cast uncertainty over long-term government planning, countries’ pre-Covid-19 plans and their stimulus packages point to a wide gap between projected fossil fuel production and action needed to meet global climate goals. Read more here
Tag Archives: consumption
1 July 2020, The Conversation, Today, Australia’s Kyoto climate targets end and our Paris cop-out begins. That’s nothing to be proud of, Mr Taylor. Today marks the end of Australia’s commitments under the Kyoto climate deal as we move to its successor, … Continue reading →
12 April 2018 Carbon Brief. Explainer: These six metals are key to a low-carbon future. The deployment of renewables and electric vehicles is expected to skyrocket as the world strives to reduce greenhouse gas emissions. These low-carbon technologies currently rely on a handful … Continue reading →
2 April 2020, Renew Economy: 2020: When the great disruption began. It was always going to come to this. Whether it was a pandemic triggering a shutdown, a climate emergency bursting the carbon bubble, a populist backlash against inequality, wars … Continue reading →
