A new "Production Gap" report, showing the #EmissionsGap in terms of the production of coal, oil, & gas.
Not surprisingly, the world is planning to dig up more fossil fuels (Production Gap) & burn them (Emission Gap) than is necessary for 1.5°C & 2°C
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productiongap.org
Not surprisingly, the world is planning to dig up more fossil fuels (Production Gap) & burn them (Emission Gap) than is necessary for 1.5°C & 2°C
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productiongap.org
The production gap is largest in coal, which has big implications. Emission scenarios basically find it is most cost-effective to get coal out of the system really fast. While this makes sense, it also has big equity dimensions. Who uses that coal?
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It is China, India, & many developing countries that use the coal. The developed world is getting rid of coal.
Basically, to close the production gap, is going to require a large burden on China & India.
Earlier blog on this issue cicero.oslo.no/no/posts/cicer…
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Basically, to close the production gap, is going to require a large burden on China & India.
Earlier blog on this issue cicero.oslo.no/no/posts/cicer…
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Since oil & gas fields decline over time, even a large production gap could imply a need for new oil or gas production. It would be interesting if the production gap report also shows the oil in production without new investment (it may, I have not read it yet)
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