Governments around the world expect to produce twice as much fossil fuels as their climate commitments would allow, a new international report has found.
Canada has committed to reaching net-zero emissions by 2050 to fight climate change. At the upcoming COP26 climate summit, hitting net zero globally by 2050 is a key goal.
The world's nations are currently planning to produce more than double the amount of coal, oil and gas consistent with limiting global warming to 1.5 degrees Celsius, the United Nations said on Wednesday (Oct 20).
Plans for fossil fuel production around the world are twice the level necessary to limit global warming to 1.5 degrees Celsius, according to a report released Wednesday.
Fossil-fuel subsidies are one of the biggest financial barriers hampering the world's shift to renewable energy sources. Each year, governments around the world pour around half a trillion dollars into artificially lowering the price of fossil fuels — more than triple what renewables receive. This is despite repeated pledges by politicians to end this kind of support, including statements from the G7 and G20 groups of nations.
The world needs to cut its production of coal, oil and gas by more than half in the coming decade to even have a chance of meeting strict climate standards established by the 2015 Paris Agreement, according to findings from the United Nations.
Un récent rapport du Programme pour l’Environnement de l’ONU révèle l’écart plus important entre la production de combustibles fossiles prévue par 15 pays et les niveaux de production acceptables pour limiter le réchauffement à 1,5°C et 2°C.
Countries' plans to produce more fossil fuel is "dangerously out of sync" with limits set out in the Paris Agreement to reduce carbon emissions, warns a new United Nations report.
Countries' promises to ditch their dirty habits are far from reality. They're globally projecting to produce twice as much fossil fuels by 2030 than the limit needed to keep global warming below 1.5ºC, according to a UN report released on Wednesday.
Major economies will produce more than double the amount of coal, oil and gas in 2030 than is consistent with meeting climate goals set in the 2015 Paris accord to curb global warming, the United Nations and researchers said on Wednesday.