Current:Home > NewsDespite climate change promises, governments plan to ramp up fossil fuel production -Quantum Capital Pro
Despite climate change promises, governments plan to ramp up fossil fuel production
View
Date:2025-04-13 23:27:51
Despite lofty commitments by governments to reduce greenhouse gas emissions, they are still planning to extract huge amounts of energy from fossil fuels in the coming years, according to a new report from the United Nations.
The report published Wednesday details how the world's largest fossil fuel producers plan to carry on using coal, gas, and oil — despite promises made under the 2015 Paris Agreement to limit global warming.
The world's governments plan to produce more than double the amount of fossil fuels in 2030, with just a modest decrease in coal production. That's contrary to promises to limit global warming to 1.5 degrees Celsius, and 45% more than what would be consistent with warming of 2 degrees, according to the report.
This latest report comes as the world's leaders are set to meet at the UN climate summit, COP26, in Glasgow beginning on Oct. 31.
Executive Director of UN Environment Programme Inger Andersen said in a statement that at that COP26 conference, "governments must step up, taking rapid and immediate steps to close the fossil fuel production gap and ensure a just and equitable transition."
Limiting warming to this threshold is important to avoid the worst case scenarios of climate change, according to scientists.
A recent study showed the current rate of warning and policies that fail to address needed cuts in pollution, climate events like heat waves will happen more often, be stronger, and last longer — posing a serious risk to younger generations. Other climate events like flooding and wildfires are more likely to happen, as well.
Taken together, governments' energy plans mean that fossil fuel production will increase overall, to at least 2040.
Specifically, the group of 20 major industrialized countries have directed nearly $300 billion in new funds toward those continued fossil fuel activities since the beginning of the COVID-19 pandemic — far more than they have toward clean energy efforts.
The U.S. specifically has shown a 17% planned increase of oil production and 12% with gas by 2030 compared to 2019 levels, according to Wednesday's report.
And it again reminded the world that "global fossil fuel production must start declining immediately and steeply."
Additionally, if carbon dioxide removal technologies fail to develop at a larger scale, or if methane emissions are not rapidly reduced, the gap between climate commitments and plans of governments will continue to expand, the report says.
Andersen said, "There is still time to limit long-term warming to 1.5 degrees C [above pre-industrial levels], but this window of opportunity is rapidly closing."
veryGood! (89)
Related
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- Biden says questioning Trump’s guilty verdicts is ‘dangerous’ and ‘irresponsible’
- Notorious B.I.G.’s Mom Voletta Wallace Says She Wants to “Slap the Daylights” Out of Sean “Diddy” Combs
- 81-year-old man accused of terrorizing California neighborhood for years with slingshot is found dead days after arrest
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Michelle Troconis hears emotional testimony ahead of sentencing in Jennifer Dulos murder conspiracy
- Oil executives imprisoned five years in Venezuela sue former employer Citgo for $400 million
- Chipotle insists its portions haven't shrunk, after TikTokers claim they did
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Actor Nick Pasqual accused of stabbing ex-girlfriend multiple times arrested at U.S.-Mexico border
Ranking
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Jax Taylor Addresses Dating Rumors After Being Spotted With Another Woman Amid Brittany Cartwright Split
- Democratic Sen. Joe Manchin of West Virginia registers as independent, citing ‘partisan extremism’
- Trump denounces verdict as a disgrace and vows this is long from over after felony conviction
- Why members of two of EPA's influential science advisory committees were let go
- Pam Grier is comfortable with being an icon
- US Labor Department sues Hyundai, suppliers in Alabama over alleged child employment
- ‘Ayuda por favor’: Taylor Swift tells workers multiple times to get water to fans in Spain
Recommendation
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
Ex-mayor in West Virginia admits theft of funds from a hospital where he was CEO
Maui Council budgets $300,000 to study impacts of eliminating 7,000 vacation rentals
One of two suspects in Mississippi carjacking arrested, bond set
Dick Vitale announces he is cancer free: 'Santa Claus came early'
The Latest Lululemon We Made Too Much Drops Start at $19, But They're Going Fast
Red Light Therapy Tools to Combat Acne, Wrinkles, and Hair Loss
The 30 Most-Shopped Celeb Recommendations This Month: Porsha Williams, Kyle Richards & More