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The world is doubling down on fossil fuels even as global demand peaks

The world's biggest producers of fossil fuels aren't letting go of dirty energy just yet. In fact, most of them plan to keep producing coal, oil, and natural gas for decades to come, despite signs that demand for dirty energy will peak this decade. That's the conclusion of a major United Nations report that analyzes the production plans of 20 major fossil fuel-producing countries ahead of the COP28 climate conference in Abu Dhabi.
IISD in the news November 8, 2023

Governments set to exceed climate targets with planned fossil fuel production, report warns

Governments worldwide are planning to produce significantly more fossil fuels by 2030 than would align with international climate targets, a report released on Wednesday said. The Production Gap Report, jointly prepared by leading climate research organizations including the Stockholm Environment Institute, Climate Analytics, E3G, the International Institute for Sustainable Development, and the UN Environment Programme, found that planned fossil fuel production is expected to exceed the limits for a 1.5°C temperature rise by 110% and for a 2°C rise by 69%.
IISD in the news November 8, 2023

Global fossil fuel production plans far exceed climate targets, UN says

Global fossil fuel production in 2030 is set to be more than double the level deemed consistent with meeting climate goals set under the 2015 Paris climate agreement, the United Nations and researchers said on Wednesday. The U.N. Environment Programme's report, assessing the gap in fossil fuel production cuts and what’s needed to meet climate goals, comes ahead of the global COP 28 climate meeting which starts on Nov. 30 in the oil-rich United Arab Emirates.
IISD in the news November 8, 2023

IGF 19th Annual General Meeting

This event will focus on sharing mining benefits in the energy transition. It will be held on November 7–9, 2023 in Geneva, Switzerland.
Conference November 7, 2023

Natural gas is a dying commodity, and Canada needs to stop supporting it

If governments around the world maintain the status quo in terms of energy policies, we’ll see peak global demand for coal, oil and gas before 2030 – and clean technologies will play a much stronger role. That's according to the latest analysis from the International Energy Agency, which recently released its annual World Energy Outlook, or WEO, report. For Canada, the IEA research confirms it's time for governments to heed the signals and end public support to the fossil fuel industry. This includes eliminating subsidies for liquefied natural gas expansion across the country.
IISD in the news November 7, 2023

Small lakes, big studies: what Ontario's experimental lakes area teaches the world about water

Deep in northwestern Ontario is a collection of 58 small, pristine lakes where, for the past half century, scientists worried about water have gathered to take their laboratory outside. This is the world's largest outdoor experimental freshwater research facility, allowing scientists to develop invaluable long-term data about the effects of pollutants, clean-up processes and climate change on a finite resource.
IISD in the news November 7, 2023

How Rishi Sunak’s new oil and gas plans will affect energy bills and net zero

The King's Speech is set to include a bill that will allow new licences for oil and gas projects to be awarded annually. Rishi Sunak claims new licences for drilling in the North Sea will improve our energy security, while still allowing Britain to meet its net zero ambitions. But campaigners argue that encouraging new oil and gas exploration sends out a bad message to the world and will contribute to global warming.
IISD in the news November 6, 2023