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Global fossil fuel pipeline double the limit for 1.5 C global warming

The world's major fossil fuel producing countries intend to extract 110 per cent more fossil fuels in 2030 than the limit for keeping global warming to 1.5 C above pre-industrial levels. Coal, in particular, is 460 per cent over the threshold. Even if compared with a higher 2 C warming scenario–which countries globally have pledged to steer well clear of–planned production will still be almost 70 per cent over budget, according to a report published Wednesday.
IISD in the news November 9, 2023

Environmentalists release recommendations for next year's budget

Canadian Finance Minister Chrystia Freeland is set to unveil the government's Fall Economic Statement Nov. 21, but some environmentalists are already looking forward to next year's federal budget. On Thursday, the Green Budget Coalition (GBC), comprised of several environmentally-focused non-profit organizations, released its set of five recommendations for the next budget. According to Laura Cameron, a policy advisor at the International Institute for Sustainable Development who wrote the GBC's sustainable jobs recommendation, the feds need to provide financing to support Bill C-50, the government's proposed sustainable jobs legislation, which is currently making its way through the House.
IISD in the news November 9, 2023

World will overshoot 2030 coal limit to tame warming by twice over

Notwithstanding the global consensus among countries that fossil fuel emissions must be eliminated, a new report says that the governments plan to produce twice as much fossil fuels in 2030 than would be consistent with limiting warming to 1.5°C, and 69% more than would be consistent with 2°C.
IISD in the news November 9, 2023

The Production Gap

The Production Gap Report measures the misalignment between governments' planned production of coal, oil, and gas and the global level consistent with meeting the Paris Agreement temperature goal.
Report November 9, 2023

Production Gap Report 2023 Launch Event

Join the launch of the 2023 Production Gap Report for an exclusive first look at this year’s key findings with the lead authors and climate experts.
Webinar November 8, 2023

Fossil fuel-producing countries ignore climate warnings and plan to increase coal, oil and gas extraction

Despite climate warnings and the increasingly rapid expansion of renewable energies, fossil fuel-producing countries are still planning to increase the production of coal, oil and natural gas in the coming decades. To such an extent that, if these projections come true, it will be impossible to comply with the Paris Agreement, which establishes that, to avoid the most harmful effects of the climate crisis, the rise in global temperatures must be kept between 1.5 C and 2 C. Currently, global warming is 1.2 C above pre-industrial levels.
IISD in the news November 8, 2023

Global Fossil Production Set to Blow Through 1.5°C Climate Limit, New Report Warns

The world's 20 biggest fossil fuel-producing countries are set to extract more than enough oil, gas, and coal in 2030 to defeat any hope of holding global warming to a relatively safe 1.5°C, and Canada is projecting the fourth-largest increase in oil production, according to a new analysis released this morning.
IISD in the news November 8, 2023