Study: Fossil fuel plans would far overshoot climate goals

London: The world needs to cut by more than half its production of coal, oil and gas in the coming decade to maintain a chance of keeping global warming from reaching dangerous levels, according to a U.N.-backed study released Wednesday.

The report published by the U.N. Environment Program found that while governments have made ambitious pledges to curb greenhouse gas emissions, they are still planning to extract double the amount of fossil fuels in 2030 than what would be consistent with the 2015 Paris climate accord’s goal of keeping the global temperature rise below 1.5 degrees Celsius (2.7 degrees Fahrenheit).

Even the less ambitious goal of capping global warming at 2 degrees C (3.6 degrees Fahrenheit) by the end of the century compared to pre-industrial times would be overshot, it said.