Study warns developed fossil fuel reserves will need to shut to meet 1.5C limit
Stopping new oil, gas and coal developments is not enough to limit dangerous global warming – existing sites will also need to be shut down, a study warns.
The findings published in Environmental Research Letters come after the International Energy Agency (IEA) warned no new coal mines or oil and gas fields can be developed if temperature rises are to be limited to 1.5C.
You might also be interested in
The Next Generation of National Climate Plans Must Phase Out Fossil Fuels
On the sidelines of the UN General Assembly, IISD is calling on governments to deliver ambitious, specific, and actionable national climate plans for the coming decade.
September 2024 | Carbon Minefields Oil and Gas Exploration Monitor
Last month, 11 oil and gas exploration licences were awarded across three countries. Among these countries, Australia awarded licences with the largest volume of embodied emissions.
Leaders’ Club Cuts Fossil Fuel Finance but Falls Short on Clean Energy Support
Signatories of the Clean Energy Transition Partnership have cut their international public finance for fossil fuels dramatically since signing the agreement but are underdelivering on the clean finance pledge.
August Edition | Carbon Minefields Oil and Gas Exporation Monitor
Last month, a total of 11 oil and gas exploration licences were awarded in five different countries. Among these, Morocco awarded licences with the largest volume of embodied emissions.