MACAU DAILY TIMES 澳門每日時報

Top Menu

  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
    • PDF Editions
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia

Main Menu

  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
    • PDF Editions
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
logo
FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,

MACAU DAILY TIMES 澳門每日時報

  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • Outdoor Performance Venue management to move into private hands in Q2 2027

  • Spain seeks deeper investment ties ahead of tourism forum

  • UBS, CLSA: Casino earnings set to fall as costs outpace revenue

  • Residents call for preservation as gov’t launches Patio do Espinho renewal

  • Consumer confidence continued to erode in Q3

  • Macau and Philippines sign new Air Services Agreement

Business
Home›Business›Governments plan more fossil fuel production despite climate pledges: report
Energy

Governments plan more fossil fuel production despite climate pledges: report

By -
Thursday, November 9, 2023
132
0

Despite frequent and devastating heat waves, droughts, floods and fire, major fossil fuel-producing countries still plan to extract more than double the amount of fossil fuels in 2030 than is consistent with the Paris climate accord’s goal for limiting global temperature rise, according to a United Nations-backed study released yesterday.

Coal production needs to ramp sharply down to address climate change, but government plans and projections would lead to increases in global production until 2030, and in global oil and gas production until at least 2050, the Production Gap Report states. This conflicts with government commitments under the climate accord, which seeks to keep global temperature rise below 1.5 degrees Celsius (2.7 degrees Fahrenheit).

The report examines the disparity between climate goals and fossil fuel extraction plans, a gap that has remained largely unchanged since it was first quantified in 2019.

“Governments’ plans to expand fossil fuel production are undermining the energy transition needed to achieve net-zero emissions, creating economic risks and throwing humanity’s future into question,” Inger Andersen, executive director of the United Nations Environment Programme, said in a statement.

As world leaders convene for another round of United Nations climate talks at the end of the month in Dubai, seeking to curb greenhouse gases, Andersen said nations must “unite behind a managed and equitable phase-out of coal, oil and gas — to ease the turbulence ahead and benefit every person on this planet.”

The report is produced by the Stockholm Environment Institute, Climate Analytics, E3G, International Institute for Sustainable Development, and UNEP. They say countries should aim for a near-total phase-out of coal production and use by 2040 and a combined reduction in oil and gas production and use by three-quarters by 2050 from 2020 levels, at a minimum.

But instead, the analysis found that in aggregate, governments plan to produce about 110% more fossil fuels in 2030 than what’s needed to limit warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit), and 69% more than would be consistent with the less protective goal of 2 degrees Celsius (3.6 degrees Fahrenheit). These global discrepancies increase even more toward 2050.

Soon after the release of the 2021 Production Gap Report, U.N. climate talks were held in Glasgow, Scotland, and governments agreed to accelerate the transition away from “unabated” coal power, meaning coal-fed power plants where carbon dioxide comes out of the smokestack. A transition away from that kind of electricity is underway in many places, including Germany, Canada, South Africa and the United States. But major oil and gas producers continue to expand, the report states.

More than 80 researchers from over 30 countries contributed, examining 20 major fossil fuel-producing countries: Australia, Brazil, Canada, China, Colombia, Germany, India, Indonesia, Kazakhstan, Kuwait, Mexico, Nigeria, Norway, Qatar, Russia, Saudi Arabia, South Africa, the United Arab Emirates, the United Kingdom, and the United States. They found that while most have launched initiatives to cut emissions, none have committed to reducing coal, oil and gas production enough to limit warming to 1.5 degrees Celsius.

Combined, these countries account for 82% of production, and 73% of consumption, of the world’s fossil fuels, the report states. 

JENNIFER McDERMOTT, MDT/AP

Share this:

  • Share on Facebook (Opens in new window) Facebook
  • Share on X (Opens in new window) X
  • Share on LinkedIn (Opens in new window) LinkedIn
  • Share on WhatsApp (Opens in new window) WhatsApp
  • Print (Opens in new window) Print

Like this:

Like Loading…

Related

TagsEnergy
Previous Article

Star-studded financial summit lineup casts vote of ...

Next Article

Another local athlete wins medal at Youth ...

Related articles More from author

  • Business

    OPEC+ cuts oil supplies to the world as prices fall

    Tuesday, September 6, 2022
    By -
  • BuzzWorld

    Asia braces for a second wave of energy shocks from the Iran war

    Tuesday, May 12, 2026
    By -
  • Business

    With oil prices slumping, OPEC+ producers weigh more production cuts

    Monday, June 5, 2023
    By -
  • China

    Why China is building so many coal plants despite its solar and wind boom

    Wednesday, February 4, 2026
    By -
  • Business

    India-led alliance set to fund solar projects in Africa

    Wednesday, November 1, 2023
    By -
  • Business

    Opponents of military rule in Myanmar applaud new sanctions targeting gas revenues

    Thursday, November 2, 2023
    By -

Leave a reply Cancel reply

You must be logged in to post a comment.

  • Opinion

    How to use money market funds in your portfolio

  • World

    This Day in History | 1972 President Nixon arrives in Moscow

  • HeadlinesMacau

    Five Zone A public housing projects on hold

DAILY EDITION

Wednesday, October 14, 2026 – edition no. 5054
Wednesday, October 14, 2026 – edition no. 5054

Greater Bay

MDT MACAU GRAND PRIX SPECIAL

October 2026
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031  
« Sep    

Timeline

  • Wednesday, October 14, 2026

    Outdoor Performance Venue management to move into private hands in Q2 2027

  • Wednesday, October 14, 2026

    Spain seeks deeper investment ties ahead of tourism forum

  • Wednesday, October 14, 2026

    UBS, CLSA: Casino earnings set to fall as costs outpace revenue

  • Wednesday, October 14, 2026

    Residents call for preservation as gov’t launches Patio do Espinho renewal

  • Wednesday, October 14, 2026

    Consumer confidence continued to erode in Q3

  • Wednesday, October 14, 2026

    Macau and Philippines sign new Air Services Agreement

  • Wednesday, October 14, 2026

    UM sets 22,000-student target in five-year plan focused on Hengqin

  • Wednesday, October 14, 2026

    Guangzhou-Macau flights take off in December

  • Wednesday, October 14, 2026

    Woman caught smuggling silver pellets at Gongbei

  • Wednesday, October 14, 2026

    MGTO features Macau culinary heritage at World Food Forum

Extra Times

Extra TimesTaste of Edesia

Hawker Hawker welcomes St. Regis Chengdu’s executive Chinese chef Mike Li for an exclusive ‘Savor ...

This autumn, Hawker Hawker at W Macau invites discerning diners on a culinary journey to China’s spice-loving heartland with a limited-time guest-chef collaboration featuring Executive Chinese Chef Mike Li of ...
  • ‘Digger,’ a Dr. Strangelove for the climate change era

    By MDT/AP
    Friday, October 9, 2026
  • The Time Ritual : Your Time, Your Way

    By -
    Friday, October 9, 2026
  • A culinary dialogue: Chef Homan Tsui and Chef Chang Longshan reunite in MGM Macau

    By Irene Sam, MDT
    Friday, September 25, 2026
  • In ‘Primetime,’ a sinister shift in media, with a dazzling Robert Pattinson

    By MDT/AP
    Friday, September 25, 2026
  • Recent

  • Popular

  • Outdoor Performance Venue management to move into private hands in Q2 2027

    By Yuki Lei, MDT
    Wednesday, October 14, 2026
  • Spain seeks deeper investment ties ahead of tourism forum

    By Nadia Shaw, MDT
    Wednesday, October 14, 2026
  • UBS, CLSA: Casino earnings set to fall as costs outpace revenue

    By Nadia Shaw, MDT
    Wednesday, October 14, 2026
  • Residents call for preservation as gov’t launches Patio do Espinho renewal

    By Yuki Lei, MDT
    Wednesday, October 14, 2026
  • Consumer confidence continued to erode in Q3

    By Ricaela Diputado, MDT
    Wednesday, October 14, 2026
  • Macau and Philippines sign new Air Services Agreement

    By Ricaela Diputado, MDT
    Wednesday, October 14, 2026
  • UM sets 22,000-student target in five-year plan focused on Hengqin

    By Yuki Lei, MDT
    Wednesday, October 14, 2026
  • Canidrome may have its days numbered, decision in ‘one or two months’

    By Paulo Coutinho, MDT
    Thursday, May 26, 2016
  • Animal Welfare | Macau: Anima slams Canidrome management for avoiding debate

    By -
    Wednesday, May 4, 2016
  • Editorial | Canidoomed

    By Paulo Coutinho, MDT
    Wednesday, June 1, 2016
  • Animal Welfare | Canidrome presented with ultimatum: close or move

    By Daniel Beitler, MDT
    Friday, July 22, 2016
  • Australia regulator cracks down on alleged exportation of dogs to Macau

    By Paulo Coutinho, MDT
    Friday, June 10, 2016
  • USE OF ENGLISH IN MACAU | A ‘de facto’ official language

    By Catarina Pinto
    Monday, July 6, 2015
  • Animal rights | Canidrome: Anima in fresh airline negotiations as Canidrome closure looks more likely

    By Daniel Beitler, MDT
    Friday, May 27, 2016
  • Contact our Administrator
  • Contact our Editor-in-Chief
  • Contacts
  • Our Team
  • Privacy Policy
  • Terms and Conditions
  • Editorial Statute
  • Code of Ethics
COPYRIGHT © MACAU DAILY TIMES 2008-2026. ALL RIGHTS RESERVED
MACAU DAILY TIMES
  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
    • PDF Editions
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia
Loading Comments...

You must be logged in to post a comment.

%d