At COP26, 7 countries start the start of the end of fossil fuels

At COP26, 7 countries start the start of the end of fossil fuels

If the 26 th United Nations climate conference is remembered for one thing, it may be that it marked the very first time world leaders finally resolved the elephant in the space: fossil fuels. In 2015, even as nations reached a historical contract to restrict worldwide warming to “well under” 2 degrees Celsius (3.6 degrees Fahrenheit), no one was discussing what that goal would suggest for fossil fuel production. The emphasis was put on decreasing greenhouse gas emissions, not on what triggered them. The words “fossil fuels” do not appear in the Paris Arrangement.

However this month in Glasgow, two lots nations promised to cut off their financing for fossil fuel tasks in other countries by2022 And today, under the brand-new Beyond Oil and Gas Alliance, or BOGA, 7 nations and one Canadian province committed to end brand-new oil and gas expedition and production.

” If we want to resolve the climate crisis, we need a handled however decisive phase-out of oil and gas production,” stated Andrea Meza, the minister of environment and energy of Costa Rica, in a statement. Costa Rica and Denmark are the founding members and co-chairs of the alliance.

The other core members of BOGA that were revealed on Thursday are France, Greenland, Ireland, Sweden, Wales, and the Canadian province of Quebec. New Zealand, Portugal, and the state of California were called as “associate members,” suggesting that they have taken “significant, concrete actions” to reduce oil and gas production and support the goals of the alliance however are not prepared to commit to fully ending production.

Most climate policy today is focused on decreasing need for fossil fuels. He stated the fossil fuel industry is trying to lock in need for its products by exploring for brand-new reserves and building brand-new infrastructure like pipelines and export terminals.

” The market is pushing to lock in this production, pressing to continue to extract oil and gas long beyond when we understand that we can permit them to do that,” he stated.

A United Nations report launched in October that examined the fossil fuel production plans of significant economies alerted that the world is on track to be producing roughly 110 percent more coal, oil, and gas in 2030 than would be constant with restricting global warming to 1.5 degrees C– the more ambitious target laid out in the Paris Arrangement. A separate, peer-reviewed study published in September found that 60 percent of the world’s oil and gas reserves must remain in the ground to achieve a warming maximum of 1.5 degrees C

BOGA member nations will not just end new exploration and drilling, however also promise to phase down all of their fossil fuel production on a timescale that is in line with the Paris Arrangement. Lars Koch, the policy director at ActionAid Denmark, a humanitarian company, said this was a test for oil-producing nations.

None of the present member countries are significant oil producers, and some, like Costa Rica, do not currently have any oil or gas production. Denmark, which is the largest oil producer in the European Union, produced less than 1 percent of the oil that the United States performed in2019

Joining BOGA doesn’t mean plugging every well tomorrow. That most likely implies not every country will be on the same timeline.

” BOGA will require to recognize the requirement for rich, economically diversified countries to phase out oil and gas production more quickly than others,” said Koch. He hopes the alliance ends up being an online forum to design supports for developing countries that are abandoning prospective revenues by leaving their oil and gas reserves in the ground.

Rees said that the alliance also raises the bar for who can credibly declare the title of “climate leader.” “You see a few of the countries with the most significant prepare for extraction of fossil fuels, both currently and over the next decade, attempting to declare to be environment leaders,” he stated, calling the U.S. and Canada.

Just as Police26 was starting, the Biden administration revealed prepares to rent numerous countless acres of public lands for new oil and gas development next February. And next week, the U.S. government will open up more than 80 million acres in the Gulf of Mexico to drilling. “This oil and gas ‘megasale’ will rank as the largest ever in U.S. history and more than breaks Biden’s project pledge” to end drilling on public lands and waters, stated Brittany Miller, press officer for Good friends of the Earth, which sent out a letter signed by more than 250 groups asking Biden to cancel the sale. The United States appeared to COP26 with hardly any policies in place to back up the nation’s pledge to cut emissions in half by2030 And while the U.S. did sign on to the worldwide pledge to end fossil fuel finance abroad, it did not sign the promise to phase out coal.

BOGA represents “an effort to reground ‘environment management’ in some semblance of sanity,” stated Rees, “to attempt to attach some quantity of meaning to that phrase.”

* Correction: This post initially misrepresented the degree to which the words “nonrenewable fuel source” have actually appeared in United Nations climate conference draft contracts.

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