Fossil Fuel Production In 2030 Likely To More Than Double Paris Agreement Target: Report

A new Production Gap Report by the Stockholm Environment Institute warns that global fossil fuel production in 2030 is expected to be 120 per cent higher than the level consistent with limiting global warming to 1.5 degrees Celsius above pre-industrial levels, the Indian Express reported.

It would also exceed the amount consistent with a 2 degrees Celsius pathway by at least 77 per cent.

The report, last published in 2023, highlights that in the past two years, countries have increased their fossil fuel plans, rather than scaling them back.

India, for instance, is projected to produce more coal by 2030 than was planned in 2023.

Fossil fuels, including coal, petrol, and other hydrocarbons, account for around 75 per cent of global greenhouse gas emissions annually.

The report notes that replacing fossil fuels with cleaner sources of energy is critical. It highlights solar, wind, and nuclear power as key alternatives to reduce emissions and help keep rising global temperatures in check.

The slowdown in global climate action has been particularly noticeable in the past year. The US re-election of Donald Trump and the country’s withdrawal from the Paris Agreement earlier this year, along with limited progress at last year’s climate conference in Baku, Azerbaijan, have contributed to the erosion of momentum.

Ahead of a special high-level UN event on climate action convened by Secretary-General Antonio Guterres on the sidelines of the UN General Assembly, the report serves as a stark reminder of the urgent need for action.

The event aims to spotlight climate issues ahead of the COP conference in Brazil this November, part of a series of global initiatives to accelerate emission reductions and align production with the Paris Agreement goals.

Please click here to add Swarajya as your preferred and trusted news source on Google.

Also Read: Canada Arrests Nijjar's Successor Inderjit Singh Gosal, Leader of Khalistan Referendum Campaign, On Firearms Charges