Agency: Fifteen countries are planning to produce more than twice as much oil, gas and coal through 2030 as would be needed if governments were to limit warming to Paris Accord goals, according to a U.N.-backed report released Tuesday.
The report looked at future mining and drilling plans from major fossil fuel producers, including the U.S., Saudi Arabia, Russia, China and India. It lands in advance of a two-week U.N. climate summit in Glasgow scheduled for Oct. 31.
Overall, the report found, the world’s nations are planning to produce 240 percent more coal, 57 percent more oil and 71 percent more natural gas by 2030 than would be needed to limit warming to 1.5 degrees Celsius.
Data: The International Energy Agency recently looked at what would be needed to reach the Paris goals. The world would essentially have to reach “net zero” emissions by 2050. Under that scenario, nations would not approve new coal mines or new oil and gas fields beyond current commitments.
