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The Production Gap Report 2023: Phasing down or phasing up? Top fossil fuel producers plan even more extraction despite climate promises

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The Production Gap Report 2023: Phasing down or phasing up? Top fossil fuel producers plan even more extraction despite climate promises

The fourth edition of the Production Gap Report shows that, despite 151 national governments having pledged to achieve net-zero emissions and projections suggesting that fossil fuel demand will peak this decade, countries will, in aggregate, produce more than double the amount of fossil fuels in 2030 than would be consistent with limiting warming to 1.5°C.

Ploy Achakulwisut, Michael Lazarus, Raja Asvanon, Patricio Calles Almeida, Dimas Fauzi, Emily Ghosh, Anisha Nazareth, José Vega Araújo / Published on 8 November 2023

Citation

SEI, Climate Analytics, E3G, IISD, UNEP. (2023). Phasing Down or Phasing Up? Top Fossil Fuel Producers Plan Even More Extraction Despite Climate Promises: Production Gap Report 2023. https://doi.org/10.51414/sei2023.050

Governments plan to produce around 110% more fossil fuels in 2030 than would be consistent with limiting warming to 1.5°C, and 69% more than would be consistent with 2°C, according to the 2023 edition of the Production Gap Report, titled, “Phasing down or phasing up? Top fossil fuel producers plan even more extraction despite climate promises.”

When combined, government plans would lead to an increase in global coal production until 2030, and in global oil and gas production until at least 2050, creating an ever-widening fossil fuel production gap over time.

Governments plan to produce around 110% more fossil fuels in 2030 than would be consistent with limiting warming to 1.5°C, and 69% more than would be consistent with 2°C. Illustration: SEI

The 2023 Production Gap Report provides newly expanded country profiles for 20 major fossil-fuel-producing countries: Australia, Brazil, Canada, China, Colombia, Germany, India, Indonesia, Kazakhstan, Kuwait, Mexico, Nigeria, Norway, Qatar, the Russian Federation, Saudi Arabia, South Africa, the United Arab Emirates, the United Kingdom of Great Britain and Northern Ireland, and the United States of America. These profiles show that most of these governments continue to provide significant policy and financial support for fossil fuel production.

More on the 2023 Production Gap Report

SEI authors

Michael Lazarus
Michael Lazarus

Senior Scientist

SEI US

Raja Asvanon

Research Associate

SEI Asia

2018 portrait of Emily Ghosh
Emily Ghosh

Scientist

SEI US

Anisha Nazareth
Anisha Nazareth

Associate Scientist

SEI US

José Vega Araújo

Research Associate

SEI Latin America

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