Big fossil fuel producers' plans far exceed climate targets, U.N. says

Asia's Tech News Daily

FILE PHOTO: A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport

By Nina Chestney

LONDON (Reuters) – Major economies will produce more than double the amount of coal, oil and gas in 2030 than is consistent with meeting climate goals set in the 2015 Paris accord to curb global warming, the United Nations and researchers said on Wednesday.

The U.N. Environment Programme's (UNEP) annual production gap report measures the difference between governments' planned production of fossil fuels and production levels which are consistent with meeting the temperature limits set in Paris.

Under the pact, nations have committed to a long-term goal of limiting average temperature rises to less than 2 degrees Celsius above pre-industrial levels and to attempt to limit them even further to 1.5C.

The report, which analysed 15 major fossil fuel producers, found they plan to produce, in total, around 110% more fossil fuels in 2030 than would be consistent with limiting the degree of warming to 1.5C, and 45% more than is consistent with 2C.

The size of that gap has not declined much since UNEP's 2020 report, it added.

The countries analysed in the report were Australia, Brazil, Canada, China, Germany, India, Indonesia, Mexico, Norway, Russia, Saudi Arabia, South Africa, the United Arab Emirates, the United Kingdom, and the United States.

Representatives from nearly 200 countries will meet in Glasgow, Scotland, from Oct. 31 to Nov. 12 for climate talks to strengthen action to tackle global warming under the 2015 Paris Agreement.

FOSSIL FUELS

Despite efforts to strengthen climate targets, most major oil and gas producers plan to increase production until 2030 or beyond, while several major coal producers plan to continue or even increase output, the report said.

The plans of the 15 countries analysed envisage fossil fuel production increasing until at least 2040.

This would lead to about 240% more coal, 57% more oil, and 71% more gas in 2030 than what is required in order to curb the rate of global warming to 1.5C.

Of the three fuels, gas production is projected to increase the most between 2020 and 2040, based on the governments’ plans.

The International Energy Agency said in May that investors should not fund new oil, gas and coal supply projects if the world is to hit net zero emissions by mid-century.

“The research is clear: global coal, oil, and gas production must start declining immediately and steeply to be consistent with limiting long-term warming to 1.5C,” said Ploy Achakulwisut, a lead author of the new report.

The report was produced by UNEP, as well as experts from the Stockholm Environment Institute, the International Institute for Sustainable Development and think-tanks E3G and ODI.

(Reporting by Nina Chestney; Editing by Gareth Jones)

Internet Explorer Channel Network
Asia's Tech News Daily
News Related

OTHER NEWS

Boulder King Soopers shooting suspect incompetent for trial

Ahmad Al Aliwi Alissa is accused of killing 10 people after he opened fire at a Colorado supermarket in March. AP DENVER — A judge ruled Friday that a man ... Read more »

San Francisco philanthropist, chief of protocol dies at 88

1 / 2Obit Charlotte Mailliard ShultzFILE – San Francisco Chief of Protocol Charlotte Mailliard Shultz makes preparations prior to a service celebrating the life of Mayor Ed Lee at San ... Read more »

Economy Added 210,000 Jobs In November As Unemployment Rate Falls To 4.2% — Update

UPDATED, with Joe Biden comments: The economy added 210,000 jobs in November, a figure below analysts expectations, while the unemployment rate fell to 4.2%. The latest report reflected a bit ... Read more »

IMF chief says Omicron could dent global economic growth

By Andrea Shalal WASHINGTON (Reuters) -The International Monetary Fund is likely to lower its global economic growth estimates due to the new Omicron variant of the coronavirus, the global lender's ... Read more »

Biden speaks to 'incredible news' inside sluggish November jobs report

On the heels of a sluggish November jobs report, President Joe Biden on Friday touted the country's employment landscape as improving despite there being fewer jobs added last month than ... Read more »

Crime of the week: Police seek shooter that fired gun at Uber Eats delivery driver

The El Paso Police Department is seeking a suspect that fired a gun at an Uber Eats delivery driver. The unsolved shooting is the Crime of the week. At 10:58 ... Read more »

At Ghislaine Maxwell sex trafficking trial, lurid photos from Epstein home barred by judge

The prosecution in the Ghislaine Maxwell sex trafficking trial suffered a series of setbacks Friday as Maxwell’s lawyers successfully challenged a key witness’ testimony and persuaded the judge to exclude ... Read more »

Extreme weather, project delays may challenge NY power grid in 2021-2030- operator

FILE PHOTO: The haze shrouded skyline of New York is a backdrop for a boat moving up the Hudson River in Hoboken (Reuters) – New York's power grid could face ... Read more »

TIPS: Cara taip di komputer dengan cepat & tepat

Pernah tak anda berada dalam situasi nak siapkan kerja yang perlu ditaip di komputer dengan cepat, tetapi tidak mampu untuk taip dengan pantas dan baik, sebab anda masih tidak biasa ... Read more »

Tenaga kerja asing masih penting buat negara, kata MEF

© Provided by Free Malaysia Today Sektor perladangan, pembinaan, pembuatan dan perkhidmatan tidak dapat beroperasi pada tahap optimum tanpa tenaga kerja asing, kata Presiden MEF Syed Hussain Husman. PETALING JAYA: ... Read more »

Cathy Valencia holds star-studded Thanksgiving

Cathy Valencia N.D, CEO of the Cathy Valencia Advanced Skin Clinic, celebrated Thanksgiving with CV family after almost two years in the pandemic and amidst several lockdowns. Valencia has been ... Read more »

Shamed MP Claudia Webbe bought £500 dining room chairs on expenses

© Provided by Daily Mail MailOnline logo A disgraced MP who faces being kicked out of Parliament claimed more than £500 in expenses for dining room chairs that she will ... Read more »

India A vs South Africa A: Hanuma Vihari, Abhimanyu Easwaran star as second Test ends in draw

© Provided by Zee News The second four-day encounter between South Africa A and India A ended in a draw following an eventful fourth and final day as bad light ... Read more »

Supplementary demand: House nod sought for Rs 3.74L-cr extra spend

© Provided by The Financial Express The demands include a total of 69 grants and two appropriations. Finance minister Nirmala Sitharaman on Friday sought Parliamentary clearance for an additional spending ... Read more »

Parag Agrawal, Twitter's new CEO, shakes up management ranks after Dorsey's departure

Twitter Inc. Chief Executive Officer Parag Agrawal, who just took the reins from Jack Dorsey this week, is already shaking up the management ranks. Dantley Davis, who ran Twitter’s design ... Read more »

In Greece, Pope to seek deeper ties with eastern churches

The Associated PressA man decorates with flowers the interior of the Catholic Cathedral Basilica of St. Dionysius the Areopagite, one day ahead of the visit of Pope Francis in Athens, ... Read more »

Key moments surrounding Michigan high school shootings

The Associated PressOakland County prosecutor Karen McDonald leaves after addressing the media in her office, Friday, Dec. 3, 2021, in Pontiac, Mich. McDonald filed involuntary manslaughter charges against Jennifer and ... Read more »

MCU Fans Are Losing It Over Tom Holland's Hilarious Spider-Man Audition Story

DFree/Shutterstock Tom Holland has been active in the entertainment industry since 2010. He’s especially well known for his role as Peter Parker in the most recent iteration of the Spider-Man ... Read more »

‘Illegal' construction by Cong leader: HC seeks report

© Provided by The Indian Express The Punjab and Haryana high court has asked state to file a status report in a case of alleged violations under Punjab Urban Development ... Read more »

Man bloodied after brutal attack in Midtown subway station

A man was severely beaten with his head bleeding after a fight at the 49th Street subway station Peter Gerber A man was arrested after leaving another man bloodied during ... Read more »

Why Omicron infection possibly looks like common cold, researchers explain

© Provided by Hindustan Times A person takes the Covid-19 test in Times Square on Friday. (AP) The symptoms of the Omicron variant are apparently milder than the earlier variants ... Read more »

Disabled people win big, Supreme Court backs rights at airports

© Provided by The Times of India KOLKATA: People with disabilities should not be made to remove their prosthetic limbs or calipers during security checks at airports, nor they be ... Read more »

Dera Sacha Sauda premi shot in Muktsar village

© Provided by The Indian Express Forty-year-old Charandas, a follower of Dera Sacha Sauda, was shot dead Friday evening by two unidentified persons on a motorcycle, at his shop in ... Read more »

HC notice to IPS officer and two others over Sumedh Saini plea

© Provided by The Indian Express The Punjab and Haryana High Court Friday issued notices to IPS officer BK Uppal and two others over a petition filed by former Punjab ... Read more »

SEC to review companies' applications for Molnupiravir on Monday

The drug regulator’s subject expert committee (SEC) will meet on Monday to examine applications of drugmakers seeking market authorisation for Merck ‘s antiviral molnupiravir for Covid-19 treatment. All eight companies ... Read more »

Omicron threat: Health ministry asks states to be extra vigilant

The health ministry on Friday asked states to review capacity enhancement of their health systems in terms of beds, oxygen facility, ventilators and drugs, and take proactive measures to utilise ... Read more »

Cyclone Jawad: UGC-NET exam scheduled for December 5 postponed in Odisha, Andhra

In view of cyclonic storm ‘JAWAD’ which is likely to hit Andhra Pradesh and Odisha on Saturday, the National Testing Agency has postponed its University Grants Commission- National Eligibility Test ... Read more »

Reinfection risk from Omicron higher than other variants: Study

Mumbai: The reinfection risk, or evasion of immunity from prior infection, from the Omicron variant is substantially higher than the Beta and Delta variants, South African researchers have found in ... Read more »

Parasite, Eyes Wide Shut and Shaun the Sheep: what's new to streaming in Australia in December

Plus a Sex and the City reboot (minus one), a slick historical drama starring Nicole Kidman, and the return of Australian soap Bump Netflix Don’t Look Up Film, US, 2021 ... Read more »

Ana de Armas to Replace Scarlett Johansson in Chris Evans Romantic Action Film ‘Ghosted'

© Provided by TheWrap Ana de Armas Chris Evans Ghosted Ana de Armas is set to join Chris Evans in the cast of “Ghosted,” a romantic, action and adventure film ... Read more »

Ghislaine Maxwell jury sees Jeffrey Epstein's notorious massage table, pics of sex offender with Pope John Paul II and Fidel Castro

One of the scenes of Jeffrey Epstein’s crimes was set up in court for Ghislaine Maxwell’s jury to see Friday: An expensive-looking but very worn and used massage table. The ... Read more »

Testlabore kommen nicht mehr hinterher – mit Folgen für das Corona-Lagebild

© AFP; Montage: Infografik WELT Quelle: AFP; Montage: Infografik WELT Aktuell dürfe kein einziger Mitarbeiter ausfallen, sagt Laborärztin Constanze Krüger. Mit bis zu 300 PCR-Tests am Tag arbeitet ihr kleines ... Read more »

Antivaxxer tried to dupe doctors by getting jab into his FAKE ARM in effort to dodge lockdown rules

A NUMPTY anti-vaxxer turned up for his jab with a false arm so he could get a vaccine passport, it emerged yesterday. The 50-year-old man, who has not been identified, ... Read more »

UAE weather: cloudy and cooler conditions

© Provided by The National The Emirates will be fair to partly cloudy on Saturday and conditions will begin to feel cooler. The Natinonal. The UAE will experience fair to ... Read more »

Rappler chief to accept Peace Prize in Norway

© Provided by BusinessWorld The Philippine Court of Appeals has allowed the founder of news website Rappler to travel to Norway to accept her Nobel Peace Prize. In a decision ... Read more »

Congress averts shutdown after vaccine mandate fight

Majority Leader Charles Schumer (D-N.Y.) gives a brief statement on the vote for a short-term continuing resolution to fund the government on Thursday, December 2, 2021. The Senate on Thursday ... Read more »

Government Shutdown 2021 Update: How Could a Default Affect Interest Rates?

Douglas Rissing / iStock.com Now that a government shutdown has been averted — for now — the next focus is the potential threat of the U.S. defaulting on its debt, ... Read more »

Arthur Labinjo-Hughes pictured smiling and happy just months before shocking abuse at hands of evil stepmum Emma Tustin

HEARTBREAKING pictures show Arthur Labinjo-Hughes smiling happily in the months before shocking abuse at the hands of his evil step-mum. Depraved Emma Tustin, 32, and Arthur’s dad Thomas, 29, have ... Read more »

Microchip your cat... or face a £500 fine

© Provided by Daily Mail MailOnline logo All pet cats will have to be microchipped by 2023 under new laws aimed at reuniting lost and stolen animals with their owners. Refusal ... Read more »

Leni tells Sharon Cuneta why she chose Kiko Pangilinan as her VP bet

© Sharon Cuneta Youtube channel Leni and Sharon interview Vice President Leni Robredo on Friday told Sharon Cuneta why she chose the showbiz personality’s husband Senator Francis “Kiko” Pangilinan to ... Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic