Fossil fuel industry to expand for decades despite global carbon pledges, UN report finds

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The gap between climate rhetoric and fossil fuel use is growing, according to a UN report that warns the world's carbon budget has almost been used up.

Governments around the world, including Australia's, are planning to expand the fossil fuel industry to about twice what would be consistent with their pledge to try to stop warming at 1.5 degrees Celsius, a United Nations report has found.The report finds that coal production will increase until 2030 and oil and gas to 2050 and beyond

They also said gas would help underpin the mineral processing and manufacturing required to clean up the economy. "Governments are literally doubling down on fossil fuel production — that spells double trouble for people and planet."Inger Andersen, the executive director of the UN's Environment Programme, bemoaned what he said were the short-sighted actions of many governments.

The authors said both emissions and fossil fuel production needed to peak "and swiftly decline" to keep the goals of limiting global warming within reach. "However, gas could hinder or delay the transition to renewable energy systems by locking in fossil-fuel-based systems and institutions. The "potential failure of these measures to become sufficiently viable at scale" only heightened the need to phase out the production of new fossil fuel projects, the authors argued.

To that end, she pointed out that gas would be crucial to mineral processors and manufacturers that would help deliver green technologies such as batteries and electric vehicles.

 

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Fossil fuel industry to expand for decades despite global carbon pledges, UN report findsThe gap between climate rhetoric and fossil fuel use is growing, according to a UN report that warns the world's carbon budget has almost been used up.
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