NEW analysis: to peak warming at 1.7ºC & get back to significantly below 1.5°C by 2100, global fossil fuel use must peak now, fall 20% by 2030, halve by 2035 & reach real zero by 2070. 🪨 coal effectively phased out globally by 2050 🔥 gas by 2060 🛢️ oil by 2070 climateanalytics.org/publications...
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Our analysis also shows illustrative fossil phase-out scenarios for 15 major countries. 1️⃣ High-income countries lead the way, phasing out fossils by 2050 2️⃣ Middle income countries follow behind but with slower action out to 2030 3️⃣ Low-income countries peak fossil demand in 2030 & phase out by 2070
This provides critical evidence for the Santa Marta process on transitioning away from fossil fuels. Climate Analytics is ready to support any country in developing fossil phase-out roadmaps. Look out for more work from us on fossil fuel production coming in the Autumn!
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