A fossil fuel is a fuel formed by natural, geological processes. The principal source of fossil fuels is the anaerobic decomposition of buried dead organisms, containing organic molecules originating in ancient photosynthesis.

Large economies will produce more than double the amount of fossil fuels in 2030—than is consistent with meeting climate change goals set under the Paris Agreement.

These findings come from the United Nations Environment Program’s (UNEP) annual production gap report.

The report assesses the difference between governments’ planned production of coal, oil and gas and production levels that are consistent with meeting Paris temperature limits.

The report concludes that of the 15 major fossil fuel producers assessed, they plan to produce around 110% more fossil fuels in 2030 than would be consistent with limiting the degree of warming to 1.5C, and 45% more than is consistent with 2C.

“Governments continue to plan for and support levels of fossil fuel production that are vastly in excess of what we can safely burn,” says Ploy Achakulwisut, a lead author on the report from the Stockholm Environment Institute.

The countries analyzed in the report were Australia, Brazil, Canada, China, Germany, India, Indonesia, Mexico, Norway, Russia, Saudi Arabia, South Africa, the United Arab Emirates, the United Kingdom, and the United States.

Editorial Team
The Editorial Team comprises a diverse and talented team of writers, researchers and subject matter experts equipped with data and insights to deliver useful news updates. We are experts with the mission to inform, educate and inspire the industry. We are passionately curious, enthusiastic, and motivated to positively impact the world. Send us a tip via hello @ pvbuzz [dot] com.

DOE scientists have developed a new technique that paves the way for the perfect next-generation solar cells

Previous article

Nexamp, the Town of Wells and a school district in Maine enter a solar agreement that will save $2.5 million

Next article

You may also like


Comments are closed.

More in Insight