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The report " The Production Gap " shows the contradiction between the future production of the ten consuming and fossil fuel producing countries and what would be necessary to limit the increase in temperature to 1.5 ° C or 2 ° C maximum. here the end of the century, as demanded by the Paris Agreement.
This Wednesday appears a report entitled " The Production Gap " ("The output gap" in French) very alarming. Scientists from different universities and institutes have studied the fossil fuel production plans of 10 countries: China, the United States, Russia, India, Australia, Indonesia, Canada, Germany, Norway and the United Kingdom. And they are out of step with the goals they have set for themselves.
The governments of the 10 countries, which are both producers of fossil fuels and the largest emitters of greenhouse gases , plan to produce 50% of fossil fuels beyond what should be burned by 2030 if we wanted to limit the increase in temperature to 2 ° C, and 120% too much for an overall increase of less than 1.5 ° C.
Financing fossil fuels
This continued expansion of coal, oil and gas production is supported by a combination of national plans, financial support from governments to producers, and various government funding.
The gap between the necessary reduction in fossil fuel consumption and the reality of investments by Canada, the United States and Russia in the production of these same fuels is due in particular to the fact that they invest in markets to justify increased production, while China and India increase their own production to reduce imports.
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This over-investment has the effect of blocking greenhouse gas emissions on the highest trajectory, while threatening workers and communities locally.