Phaseout Pathways for Fossil Fuel Production Within Paris-Compliant Carbon Budgets
Summary
The research establishes differentiated timelines for ending fossil fuel production based on national wealth and economic reliance. Wealthy nations must end oil and gas production by 2034, including a 74% output cut by 2030, while the poorest nations are granted until 2050 to phase out production, requiring a 14% cut by 2030 and significant financial support for their economic transition.
Key insights
- To maintain the 1.5°C target, wealthy countries must cease oil and gas production by 2034 and reduce current output by 74% by 2030.
- Poorer nations should be permitted to continue oil and gas production until 2050, provided they reduce output by 14% by 2030 and receive substantial financial assistance for economic transition.
- The Paris goals preclude any increase in oil and gas production for any nation, necessitating significant cuts across all countries within the current decade.
Cite the original document
- APA
- Anderson, K., & Calverley, D. (2022). Phaseout Pathways for Fossil Fuel Production Within Paris-Compliant Carbon Budgets. International Institute for Sustainable Development. https://www.iisd.org/publications/report/phaseout-pathways-fossil-fuel-production-within-paris-compliant-carbon-budgets
- Chicago
- Anderson, Kevin, and Dan Calverley. Phaseout Pathways for Fossil Fuel Production Within Paris-Compliant Carbon Budgets. International Institute for Sustainable Development, 2022. https://www.iisd.org/publications/report/phaseout-pathways-fossil-fuel-production-within-paris-compliant-carbon-budgets.
- Wikipedia
- {{cite report |last1=Anderson |first1=Kevin |last2=Calverley |first2=Dan |title=Phaseout Pathways for Fossil Fuel Production Within Paris-Compliant Carbon Budgets |publisher=International Institute for Sustainable Development |date=22 March 2022 |url=https://www.iisd.org/publications/report/phaseout-pathways-fossil-fuel-production-within-paris-compliant-carbon-budgets |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{anderson2022phaseout, author = {Anderson, Kevin and Calverley, Dan}, title = {{Phaseout Pathways for Fossil Fuel Production Within Paris-Compliant Carbon Budgets}}, institution = {International Institute for Sustainable Development}, year = {2022}, month = mar, url = {https://www.iisd.org/publications/report/phaseout-pathways-fossil-fuel-production-within-paris-compliant-carbon-budgets}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
Full text
Collected · Record updated