Countries around the world pledged in 2023 to shift away from oil, gas and coal — the primary drivers of global warming.
But two years later, many are planning for even more production.
The gap between promise and reality is outlined in a new report released Monday by the Stockholm Environment Institute, Climate Analytics and the International Institute for Sustainable Development. And it’s not encouraging for those who want to see the world more quickly respond to climate change.
It finds that by 2030 the top 19 fossil fuel-producing countries plan to churn out oil, gas and coal at a rate that’s 120 percent higher than what aligns with limiting global warming to 1.5 degrees Celsius, the stretch goal of the Paris Agreement. That’s up from a gap of 110 percent in 2023. And those volumes are 77 percent higher than what is consistent with a 2-degree trajectory.
