UN calls for cap on fossil-fuel extraction

Energy Reporters | Nov 22, 2019 at 2:51 PM
  • A United Nations study says major fossil-fuel producing countries plan to extract more coal, oil and gas than can be burned if catastrophic climate change is to be avoided.
  • The agency estimated that the coal sector produces methane emissions of around 1,200 million tonnes of carbon dioxide equivalent per year, similar to the combined annual emissions of the global aviation and shipping industries.
  • US oil and gas extraction and Canada’s oil production are all projected to increase by 30 per cent to 2030.