Oil nations' fossil-fuel plans out of sync with Paris limits
For all their growing climate ambitions and net-zero commitments, key oil producing governments still plan to produce more than double the amount of fossil fuels in 2030 than what would be consistent with limiting global warming to 1.5 degrees Celsius, according to the 2021 Production Gap Report, by leading research institutes and the UN Environment Programme (UNEP).
You might also be interested in
Governments are subsidizing the destruction of nature even as they promise to protect it
When dignitaries from 196 countries converge in Montreal next week to rub shoulders and hash out a new global agreement to save nature, money will be on the agenda.
COP27 diary (November 16): '$100 billion in climate finance more of gesture from rich countries'
The 27th Conference of Parties (COP27) to the United Nations Framework Convention on Climate Change in Sharm El-Sheikh, Egypt, began November 7, 2022. Here’s a look at what happened on day 10 of COP27 climate talks. The draft text for a cover decision is yet to be produced by the COP27 Presidency as of 7.30 am November 17, leading many to wonder how long discussions will continue to arrive at a consensus on the document once released. Just two days of the summit remain.
Carbon Minefields: Oil and gas exploration surging to pre-Covid levels
Oil and gas exploration is booming despite an agreement at last year’s COP 28 climate summit to transition away from fossil fuels.
July Edition | Carbon Minefields Oil and Gas Exploration Monitor
In June 2024, six governments issued 18 oil and gas exploration licences with embodied emissions of 14.7 MtCO2, led by Russia and China.