The Production Gap Report, which was created by three climate research non-profit organizations, shows that several fossil fuel-producing nations are holding the world back from meeting the 2030 global climate targets as per the Paris agreement.
The 2030 production levels are expected to be more than twice the amount of the goal in the agreement. It seems some countries are committed to transitioning to clean energy, while others are taking steps backward and becoming more dependent on fossil fuels.
“The continued collective failure of governments to curb fossil fuel production and lower global emissions means that future production will need to decline more steeply to compensate,” states the report.
“These deeper reductions will be harder and more expensive to achieve, as a result of further lock-in of fossil fuel infrastructure added in the 2020s and the increased pace of reductions required from now on.”
The “production gaps” refers to the difference between the cuts required to keep emissions in check and planned production.
The report shows that coal has the biggest gap, with levels expected to be 500% above targets. Oil and gas production are 31% and 92% higher than what is consistent with the 1.5-degree target.
Read the full article here –https://www.cbc.ca/news/canada/edmonton/canada-widens-gap-output-climate-targets-1.7639971