⛰️Peak fossil fuel demand is coming, contrary to oil & gas producer narratives,
☀️Renewables are the fastest-growing source of energy,
💰Net zero is cheaper than fossil fuel dependence.
🔎 www.iea.org/reports/worl...
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⛰️Peak fossil fuel demand is coming, contrary to oil & gas producer narratives,
☀️Renewables are the fastest-growing source of energy,
💰Net zero is cheaper than fossil fuel dependence.
🔎 www.iea.org/reports/worl...
🧵1/10
2023: +110% more fossil fuel production than needed to maintain the 1.5°C temperature goal
2025: +120%
By 2030, govts plan to produce 500% more coal, 31% more oil, & 92% more gas than 1.5°C pathways allow.
More ➡️ www.iisd.org/publications...
@olivier-bvk.bsky.social
"annual growth slows…to just a trickle over the next several years, with a small decline expected in 2030, based on today’s policy settings and market trends"
Here are some of the most striking charts 🧵
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"annual growth slows…to just a trickle over the next several years, with a small decline expected in 2030, based on today’s policy settings and market trends"
Here are some of the most striking charts 🧵
1/8
Up to 85% of oil from its new projects isn’t economically viable in a 1.5°C world.
📗 www.iisd.org/publications/report/brazil-petrobras-oil-gas-expansion
Up to 85% of oil from its new projects isn’t economically viable in a 1.5°C world.
📗 www.iisd.org/publications/report/brazil-petrobras-oil-gas-expansion
IISD's @aaroncosbey.bsky.social warns "the more you expand that sector the more you set it up for a sector in distress when demand goes sour.”
@woodsideful.bsky.social | @nationalobserver.com
IISD's @aaroncosbey.bsky.social warns "the more you expand that sector the more you set it up for a sector in distress when demand goes sour.”
@woodsideful.bsky.social | @nationalobserver.com
Senator @davidpocock.bsky.social announces at our #ClimateIntegrity Summit he will be introducing the Ending Fossil Fuel Exploration Bill into Parliament tomorrow!
"This just brings us into line with what many leaders in the world are already doing."
Senator @davidpocock.bsky.social announces at our #ClimateIntegrity Summit he will be introducing the Ending Fossil Fuel Exploration Bill into Parliament tomorrow!
"This just brings us into line with what many leaders in the world are already doing."
www.pik-potsdam.de/en/news/late...
www.pik-potsdam.de/en/news/late...
Not only has Gorgon never achieved that, it's performance has decreased year over year - capturing just 30% last year
ieefa.org/resources/go...
Not only has Gorgon never achieved that, it's performance has decreased year over year - capturing just 30% last year
ieefa.org/resources/go...
Starting today, the percentage reductions will be higher, net zero year earlier (all else equal).
Starting today, the percentage reductions will be higher, net zero year earlier (all else equal).
Learn more: https://buff.ly/3V5PTfh
Learn more: https://buff.ly/3V5PTfh
Based on Magnason's book "On Time and Water" this Emergence Magazine doc—backed by PIK scientists—brings what data can't to life with stunning imagery and stories
Based on Magnason's book "On Time and Water" this Emergence Magazine doc—backed by PIK scientists—brings what data can't to life with stunning imagery and stories
Here's a starter pack to get you going.
Updated on a running basis.
go.bsky.app/BKRogFu
Here's a starter pack to get you going.
Updated on a running basis.
go.bsky.app/BKRogFu
Despite gov'ts pledge to transition away from #FossilFuels, 🆕 oil & gas exploration licenses are still being issued.
Stay up to date on oil & gas expansion: ➡️ www.iisd.org/publications...
Despite gov'ts pledge to transition away from #FossilFuels, 🆕 oil & gas exploration licenses are still being issued.
Stay up to date on oil & gas expansion: ➡️ www.iisd.org/publications...
BP, Eni, & TotalEnergies are set to reap near-term 💰 from LNG projects while Africa gov’ts wait until mid-30s/40s for uncertain 💰.
🔎 www.iisd.org/articles/dee...
BP, Eni, & TotalEnergies are set to reap near-term 💰 from LNG projects while Africa gov’ts wait until mid-30s/40s for uncertain 💰.
🔎 www.iisd.org/articles/dee...
🔎 www.iisd.org/inside-cop-29
🔎 www.iisd.org/inside-cop-29
Phasing out oil & gas production and📈 #CleanEnergy must go 🫱 in 🫲.
www.iisd.org/publications...
Phasing out oil & gas production and📈 #CleanEnergy must go 🫱 in 🫲.
www.iisd.org/publications...