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Earth Science

Fossil Fuel Drilling Plans Undermine Climate Pledges, UN Report Warns (nytimes.com) 97

Even as world leaders vow to take stronger action on climate change, many countries are still planning to dramatically increase their production of oil, gas and coal in the decades ahead, potentially undermining those lofty pledges, according to a United Nations-backed report released Tuesday. From a report: The report looked at future mining and drilling plans in 15 major fossil fuel producing countries, including the United States, Saudi Arabia, Russia, Canada, China, India and Norway. Taken together, those countries are currently planning to produce more than twice as much oil, gas and coal through 2030 as would be needed if governments want to limit warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit) above preindustrial levels. Scientists and world leaders increasingly say that holding global warming to 1.5 degrees Celsius is crucial if humanity wants to avoid the most catastrophic consequences of climate change, such as ever-deadlier heat waves, large scale flooding and widespread extinctions. The world has already heated up roughly 1.1 degrees since the Industrial Revolution.

But the planned global expansion of fossil fuel extraction clashes sharply with those climate goals, the report found. If the world remains awash in oil, gas and coal for decades to come, then many countries could find it more difficult to shift to cleaner sources of energy. At the same time, many of the oil wells and coal mines now being approved and developed could prove deeply unprofitable if demand for fossil fuels shrinks, creating economic disruption. By 2030, 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 than would be needed to limit warming to 1.5 degrees Celsius.

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Fossil Fuel Drilling Plans Undermine Climate Pledges, UN Report Warns

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  • by Kernel Kurtz ( 182424 ) on Wednesday October 20, 2021 @09:16PM (#61912239)
    Power shortages are turning out streetlights and shutting down factories in China. The poor in Brazil are choosing between paying for food or electricity. German corn and wheat farmers can't find fertilizer, made using natural gas. And fears are rising that Europe will have to ration electricity if it's a cold winter.

    https://www.cbc.ca/news/busine... [www.cbc.ca]
    • by Anonymous Coward

      With all the virtue signaling about tossing nuclear aside, even though wind and solar are nice, there are not many energy sources that can handle the power density, or be counted as base load sources. Had Europe actually kept up with nuclear power generation and ignored the propagandists, Europe might not be in a state where they have to worry about freezing.

      It is ironic, because the EU is considered the height of world civilization and freedom, and they can't figure out that 2020 energy usage needs 2020 s

      • Dream on. Brussels just answered the concerns of high gas prices with 'we need more green energy'. No nuclear of course.

        In other words they advise my countrymen who find it difficult to pay for fuel to buy Teslas.

        In yet other words: If there's no bread, eat cake. Hmmm, I wonder how did that went last time...

    • by NFN_NLN ( 633283 )

      Looks like the environmentalists got their wish. Why is everyone complaining?

  • by quantaman ( 517394 ) on Wednesday October 20, 2021 @11:03PM (#61912471)

    If one Oil producing nation cuts back production the others will just pick up the slack. That's not a very promising incentive for them to hurt their economies.

    Rather than blaming the producers focus on lowering the demand.

    • Unfortunately, it looks like focusing on demand isn't working. We've been doing it for decades, with all kinds of convoluted cap-and-trade schemes, efficiency improvements, etc. The result is well known.

      I think we need to focus on production *and* consumption.

      Lawmakers and courts are slowly waking up: https://www.ft.com/content/340... [ft.com]

      • by JBMcB ( 73720 )

        Unfortunately, it looks like focusing on demand isn't working. We've been doing it for decades, with all kinds of convoluted cap-and-trade schemes, efficiency improvements, etc. The result is well known.

        Politicians have done everything to effect demand *except* cancel subsidies and raise taxes, thus increasing the price. Increase price, demand goes down. It's *hugely* unpopular, and hurts the poor *far* more than it hurts the rich. But, it's the simplest, most effective way to do it.

        Remember when oil prices spiked in the late 2000's? Demand for gas plummeted. The most popular used car was the 1990's Geo Metro, that got the same fuel economy as a new Prius.

  • Oil and gas wells do not last forever. Production falls off quite rapidly. So adding all the wells up is just silly.
  • Or just replace depleting reserves at a rate sufficient to ramp the consumption down smoothly without creating shortages and shocks to the world economies?

    Wells run dry and to keep production at a steady rate, you've got to keep drilling. How fast existing wells deplete and how much new production has to be brought on line is a) usually proprietary information and b) not something that I'd expect the NYT to wrap its tiny mind around.

  • by wakeboarder ( 2695839 ) on Thursday October 21, 2021 @12:06AM (#61912555)

    that oil isn't going away overnight. We have spent trillions of dollars and over 100 years to build infastructure to mine, pump and refine oil since all of our cars run on it. There isn't another good way to store energy and run our economy yet, it will take many decades to build electrical infrastructure and transition important industrial sectors away from oil and gas.

    I'm all for not using oil, but I also don't want to pay 5$ at the pump and I want to be able to purchase an affordable car that can go more than 500 miles (preferably 600 or more) before I get an electric. I also want the cost of batteries to go down to an affordable level (like 2000 or 3000$) before I purchase an EV.

    • by KT0100101101010100 ( 7179190 ) on Thursday October 21, 2021 @01:32AM (#61912663)

      "If you think the economy is more important than the environment, try holding your breath while counting your money."

      --Somebody

    • by AmiMoJo ( 196126 )

      You might not want to pay $5 at the pump, but maybe that's the fair, unsubsidized and zero-externalized cost price of petroleum.

      As for wanting a car that can go 600 miles on a single charge, it's probably a waste of your money. At 70 MPH average speed that's 8.5 hours on the road, well in excess of the safe limit before taking a break, and chances are the time you save won't be worth the money you pay for the battery or to lug the extra weight around the rest of the year when you aren't doing extreme road t

      • Let me start by saying there is a lot of low-hanging fruit to pick first, but what we really need in the USA for 100% replacement of the fossil fuel fleet is pickup trucks with obscene range so they can reasonably be used for towing. Even a big-battery F150 lightning is only going to get maybe 150 miles towing, and in order to charge for the foreseeable future you're going to have to find a parking place big enough for your trailer and unhitch it so you can get into a charging stall. A lot of people say use

        • by AmiMoJo ( 196126 )

          There will be large spaces for charging so that bigger vehicles can use them, just like they already have at petrol stations.

          In fact Bjorn Nyland used to regularly tow his trailer and charge with it attached, before he stopped doing deliveries and became a full time YouTuber. Of course chargers are much faster these days.

      • You forgot something... If you want to run the cooler or heater during that trip you'll be eating into that range. I also go 80 to 85

  • by KT0100101101010100 ( 7179190 ) on Thursday October 21, 2021 @01:21AM (#61912651)

    We need them. Now.

    "Dutch researchers have proposed a new instrument: the Carbon Take Back Obligation (CTBO).
    This will make fossil fuel producers co-responsible for cleaning up their CO2 emissions.

    [...]

    This mechanism is comparable to producer responsibility already in place for, for instance, packaging, car tyres and white goods. " (white goods = major home appliances)

    https://www.biobasedpress.eu/2... [biobasedpress.eu]

    • by AmiMoJo ( 196126 )

      This is one of the best ideas anyone has come up with. It will force producers to invest some of that oil profit into capturing CO2, and the technology will rapidly develop if they are forced to use it.

    • Seems to be equivalent to cap and trade.
      • The end result is the same, but cap-and-trade focuses on the consumers. You have billions of them in 200 countries and countless exception.

        Producers: You're dealing with only a couple of thousands worldwide, in a largely reduced number of countries.

  • The important point that comes out of this is that after 30+ years of expressions of alarm, both in the media and in the peer-reviewed literature, and by scientists in a personal capacity and by the UN as an official body - and by lots of politicians and opinion formers - the leading emitting countries do not believe it.

    Russia and China are not even coming to COP26. China is of course building more coal fired power stations domestically, and financing and building them all over the world. Russia has no in

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