Countries phasing out oil extraction

This research paper examines the criteria and metrics used to determine the sequencing of a global phase-out of oil extraction, emphasizing the need for equity and a just transition to remain within the 1.5C global warming limit.

• The paper reviews 15 criteria from existing literature used to sequence the phase-out of fossil fuel supply, specifically oil. These criteria include economic efficiency, wealth, dependence, development, historical responsibility, and procedural justice, as well as variations of these approaches.
• The order in which countries phase out oil extraction varies based on the chosen criteria, and relying on individual criteria alone can result in ill-considered outcomes.
• There are significant gaps in the criteria and indicators currently used to sequence a global phase-out, which hinders holistic assessments and informed decision-making. Relying on incomplete indicators risks undermining a just transition, especially concerning procedural justice and development needs.

APA

Stockholm Environment Institute (2023). Countries phasing out oil extraction. https://www.sei.org/publications/countries-phasing-out-oil-extraction/

Chicago

Stockholm Environment Institute. Countries phasing out oil extraction. 2023. https://www.sei.org/publications/countries-phasing-out-oil-extraction/.

Wikipedia

{{cite report |author=Stockholm Environment Institute |title=Countries phasing out oil extraction |date=10 May 2023 |url=https://www.sei.org/publications/countries-phasing-out-oil-extraction/ |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{stockholmenvironmentinstitute2023countries, author = {{Stockholm Environment Institute}}, title = {{Countries phasing out oil extraction}}, institution = {Stockholm Environment Institute}, year = {2023}, month = may, url = {https://www.sei.org/publications/countries-phasing-out-oil-extraction/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }