A United Nations-backed study finds that the major fossil fuel-producing countries still plan to extract more than double the amount of fossil fuels in 2030 than would be consistent with the Paris climate accord’s goal for limiting global temperature rise, despite frequent and devastating heat waves

Despite frequent and devastating heat waves, droughts, floods and fire, major fossil fuel-producing countries still plan to extract more than double the amount of fossil fuels in 2030 than is consistent with the Paris climate accord’s goal for limiting global temperature rise, according to a United Nations-backed study released Wednesday.

Coal production needs to ramp sharply down to address climate change, but government plans and projections would lead to increases in global production until 2030, and in global oil and gas production until at least 2050, the Production Gap Report states. This conflicts with government commitments under the climate accord, which seeks to keep global temperature rise below 1.5 degrees Celsius (2.7 degrees Fahrenheit).

The report examines the disparity between climate goals and fossil fuel extraction plans, a gap that has remained largely unchanged since it was first quantified in 2019.

    • MxM111@kbin.social
      13·
      1 year ago

      You should look whether global oil production increases or not. Just looking at US is pointless. Do you think that gas is chip on gas station? No? Then it means there is no overproduction.

      • NocturnalMorning@lemmy.worldEnglish
        2·
        1 year ago

        Maybe I wasn’t clear with my original comment. All oil extraction is a problem. It is adding carbon to the carbon cycle that isn’t naturally there.

        • MxM111@kbin.social
          11·
          1 year ago

          Yes, but you also said “No increase in oil production is ever a good thing for the climate” in response that specifically discusses that it is local increase (in US) that compensates decrease elsewhere. To expand, it is a good thing because otherwise the oil prices will be too high that might trigger US and global recession and actually reduce available funds for innovations and investments into green technology.