{"id":55927,"date":"2020-12-08T18:39:59","date_gmt":"2020-12-08T23:39:59","guid":{"rendered":"https:\/\/olduvai.ca\/?p=55927"},"modified":"2020-12-08T18:39:59","modified_gmt":"2020-12-08T23:39:59","slug":"why-the-world-cant-quit-fossil-fuels","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=55927","title":{"rendered":"Why The World Can\u2019t Quit Fossil Fuels"},"content":{"rendered":"<h3><a href=\"https:\/\/oilprice.com\/The-Environment\/Global-Warming\/Why-The-World-Cant-Quit-Fossil-Fuels.html\">Why The World Can\u2019t Quit Fossil Fuels<\/a><\/h3>\n<div class=\"articleImageContainer\"><picture class=\"lozad-picture singleArticle__articleImage\" data-iesrc=\"https:\/\/d32r1sh890xpii.cloudfront.net\/article\/718x300\/2020-12-04_v73obsldkr.jpg\" data-loaded=\"true\"><source srcset=\"https:\/\/d32r1sh890xpii.cloudfront.net\/article\/420x175\/2020-12-04_v73obsldkr.jpg\" media=\"(max-width: 480px)\" \/><source srcset=\"https:\/\/d32r1sh890xpii.cloudfront.net\/article\/718x300\/2020-12-04_v73obsldkr.jpg\" media=\"(min-width: 480px)\" \/><img \/><\/picture><\/div>\n<div id=\"article-content\" class=\"wysiwyg clear\">\n<p>Have the recent pronouncements of the death of oil and reigning renewables been more rhetoric than reality? Yes and no. It\u2019s true that peak oil is now closer than ever, and globally we\u2019re seeing a more earnest effort to decarbonize than ever before, in large part thanks to green stimulus packages for post-COVID economic recovery. But for all of the advances that green energy is making around the world, it\u2019s just not enough to achieve the kind of greenhouse gas emissions reductions necessary to curb the impact of climate change.\u00a0In fact, it\u2019s not even close. This week Axios reported on the \u201c<a href=\"https:\/\/www.axios.com\/co2-goals-energy-production-3885412f-a7cf-429c-b37d-44a7a1de46e5.html?fbclid=IwAR3MLiAhPyKsLN5-aumByXYpSDxkTyu4lfUf5Tq0dNm1qVoLn7ydJyFfQns\" target=\"_blank\" rel=\"noopener noreferrer\">chasm between CO2 goals and energy production<\/a>,\u201d saying that \u201cprojected and planned levels of global oil, natural gas and coal production are way out of step with the kind of emissions cuts needed to hold global warming significantly in check.\u201d This reporting is based on a brand new study. The second annual \u201c<a href=\"http:\/\/productiongap.org\/2020report\/?utm_source=newsletter&amp;utm_medium=email&amp;utm_campaign=newsletter_axiosgenerate&amp;stream=top\" target=\"_blank\" rel=\"noopener noreferrer\">Production Gap Report<\/a>\u201d is the continuation of a project developed in collaboration with the United Nations Environment Programme (UNEP). The 2020 report was put together by the UN, the Stockholm Environment Institute, the International Institute for Sustainable Development, the Overseas Development Institute and the climate think tank E3G.<\/p>\n<p>The purpose of the report, which is modelled after and alongside UNEP\u2019s\u00a0<a href=\"https:\/\/www.unenvironment.org\/resources\/emissions-gap-report-2019\" target=\"_blank\" rel=\"noopener noreferrer\">Emissions Gap Reports<\/a>\u00a0is to synthesize and communicate \u201cthe large discrepancy between countries\u2019 planned fossil fuel production and the global production levels necessary to limit warming to 1.5\u00b0C and 2\u00b0C.\u201d And, as it turns out, that discrepancy is still quite large, even after the COVID-19 pandemic took a huge bite out of fossil fuel demand and the oil and gas industry as a whole.<\/p>\n<p>\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Why The World Can\u2019t Quit Fossil Fuels Have the recent pronouncements of the death of oil and reigning renewables been more rhetoric than reality? Yes and no. It\u2019s true that peak oil is now closer than ever, and globally we\u2019re seeing a more earnest effort to decarbonize than ever before, in large part thanks to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[328,15331,535,5332,607,617],"class_list":["post-55927","post","type-post","status-publish","format-standard","hentry","category-energy-2","tag-fossil-fuels","tag-haley-zaremba","tag-monetary-stimulus","tag-oilprice-com","tag-pandemic","tag-peak-oil"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/55927","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=55927"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/55927\/revisions"}],"predecessor-version":[{"id":55928,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/55927\/revisions\/55928"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=55927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=55927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=55927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}