Almost 60% of oil and gas reserves and 90% of coal must remain in the ground to keep global warming below 1.5C, scientists say. The forecast is based on close analysis of global energy supply and demand. It is a “bleak” but realistic assessment of “what the science tells us is needed”, the researchers say. And they have “painted a scenario of the future” that leaves much less room for fossil fuels to be extracted than previously estimated. Dr James Price, at UCL, said: “We say to our model, ‘Meet all those demands from now until 2100 without emitting too much carbon dioxide.’ “The result we get is a rapid reduction in fossil fuels – and a large amount of fossils fuels [left in the ground] – simply because the carbon budget is so tight.”
BBC 9th Sept 2021 read more »
Drill or Drop 8th Sept 2021 read more »
Guardian 8th Sept 2021 read more »
Virtually all of Australia’s remaining coal reserves will need to stay in the ground to provide a 50 per cent chance of limiting global warming to just 1.5 degrees, new analysis has shown. The results of new modelling, published in the leading academic journal Nature this week, show that dramatic and rapid reductions in global fossil fuel use are now necessary to keep global emissions to levels recommended by scientists as needed to avoid the worst impacts of climate change.
Renew Economy 9th Sept 2021 read more »
Climate change: North Sea oil and gas industry needs to realise its end is nigh – Dr Richard Dixon. The co-operation agreement between the SNP and the Scottish Greens promises a review of oil and gas in relation to climate targets, but what does this actually mean?
Scotsman 9th Sept 2021 read more »