'The transition away from fossil fuel-powered economies is critical to the survival of people and the planet.'
" seven times over, underscoring the urgency of keeping fossil fuels in the ground to avert climate catastrophe."The science is crystal clear," Inger Andersen, under-secretary-general of the United Nations and executive director of the United Nations Environment Program, said in a statement Monday."The transition away from fossil fuel-powered economies is critical to the survival of people and the planet.
"For this to happen we need to deploy every solution in our toolbox to decarbonize our economies," Anderson added."The Global Registry of Fossil Fuels is an important step in providing insights to policymakers and investors as we embark on a just transition away from fossil fuels." Led by Carbon Tracker and the Global Energy Monitor, the expansive new registry includes data for more than 500,000 oil, gas, and coal fields in 89 countries around the world, with the goal of providing transparency around fossil fuel reserves and production at a time when the climate crisis is fueling increasingly devastating extreme weather events across the globe,"To date, climate change policy efforts have focused on reducing demand and consumption of oil, gas, and coal, but ignored...
"Of the 50,000 fields covered by the registry," Carbon Tracker points out,"the most potent source of emissions is the Ghawar oil field in Saudi Arabia, which produces approximately 525 million tons of carbon emissions each year."in a statement that the new registry marks""A fair global energy transition requires greater transparency, better coordination between states, and stronger accountability for fossil fuel production," said Kaimal.
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