Fossil Fuels Reserves at Regina Tate blog

Fossil Fuels Reserves. Continued fighting in ukraine, more than a year after russia’s invasion, is now accompanied by the risk. Declines in fossil fuel demand are sufficiently steep that there is no need for new long lead time upstream oil and gas. Almost 60% of oil and gas reserves and 90% of coal must remain in the ground to keep global warming below 1.5c, scientists say. Fossil fuel prices are down from their 2022 peaks, but markets are tense and volatile.

Fossil fuels World Atlas of Global Issues
from espace-mondial-atlas.sciencespo.fr

Continued fighting in ukraine, more than a year after russia’s invasion, is now accompanied by the risk. Fossil fuel prices are down from their 2022 peaks, but markets are tense and volatile. Almost 60% of oil and gas reserves and 90% of coal must remain in the ground to keep global warming below 1.5c, scientists say. Declines in fossil fuel demand are sufficiently steep that there is no need for new long lead time upstream oil and gas.

Fossil fuels World Atlas of Global Issues

Fossil Fuels Reserves Declines in fossil fuel demand are sufficiently steep that there is no need for new long lead time upstream oil and gas. Almost 60% of oil and gas reserves and 90% of coal must remain in the ground to keep global warming below 1.5c, scientists say. Fossil fuel prices are down from their 2022 peaks, but markets are tense and volatile. Continued fighting in ukraine, more than a year after russia’s invasion, is now accompanied by the risk. Declines in fossil fuel demand are sufficiently steep that there is no need for new long lead time upstream oil and gas.

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