New data shows governments now planning more fossil fuel production in coming decades than they were in 2023
Governments around the world are ramping up coal, gas and oil extraction which will put climate goals beyond reach, new data has shown.
Far from reducing reliance on fossil fuels, nations are planning higher levels of fossil fuel production for the coming decades than they did in 2023, the last time comparable data was compiled.
This increase goes against the commitments that countries have made at UN climate summits to “transition away from fossil fuels” and phase down production, particularly of coal.
If all of the planned new extraction takes place, the world will produce more than double the quantity of fossil fuels in 2030 than would be consistent with holding global temperature rises to 1.5C above preindustrial levels.
Emily Ghosh, a programme director at the Stockholm Environment Institute (SEI) in the US, said: “Fossil fuel production should have peaked and started to fall. Every year of delay [to the peak and rapid fall required] significantly increases the pressure [on the climate].”
She said an urgent “course correction” from governments was needed, but the current and planned overproduction of fossil fuels meant the world was burning through its remaining “carbon budget” – the amount that can be emitted without permanently exceeding the 1.5C threshold – at a rapid rate.
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