Australia the captain of the villians? The Fossil Fueled Five – Comparing Rhetoric with Reality on Fossil Fuel Production at #COP26
|Launch of the Fossil Fueled Five Report at Panda Hub at COP26|
- There is an alarming gap between what the Fossil Fuelled 5 are pledging to do to reduce their domestic emissions and their plans to expand fossil fuel production, undermining efforts to curtail global emissions and ignoring their responsibility to phase out fossil fuels, rapidly and justly.
- Coal, oil and gas production must fall globally by 69%, 31% and 28% respectively between now and 2030 to keep the 1.5ºC target alive. However, the projections suggest that the Fossil Fuelled 5 will reduce coal production by only 30%, and actually increase oil and gas production by 33% and 27%, respectively. As wealthy nations, the Fossil Fuelled 5 should be leading this transition away from fossil fuels.
- Despite their net zero targets and climate pledges these five nations alone have provided over $150 billion in public support for the fossil fuel production and consumption during the COVID-19 pandemic. This level of support to fossil fuel production is more than the entire G7 put towards clean energy as part of the pandemic recovery ($147 billion).
“There’s an alarming gap between what wealthy nations are saying and what they are doing. You would expect these five nations to provide the leadership needed to move the global economy away from fossil fuels and reduce emissions to zero. However, they seem to be quite content to make pledges and promises with one hand, while expanding and subsidising fossil fuel production to the tune of billions on the other.“Not only are these wealthy nations jeopardising their own futures and the futures of their citizens through this continued expansion, but they are condemning communities in the global south to a state of perpetual crisis which they did nothing to create. If these nations want to be climate pioneers, it is time they addressed the elephant in the room: fossil fuels.”
Tzeporah Berman, Chair of the Fossil Fuel Non-Proliferation Treaty said:
“Canada claims to be a climate leader yet its emissions have continued to rise since signing the Paris Agreement. This is not surprising given the unwillingness of political leaders to address the largest source of emissions – oil and gas. While important steps have been taken such as putting a price on carbon nationally, the Canadian government subsidizes the sector more than any other G20 nation. The Fossil Fuelled 5 report highlights why Canada is standing in the way of binding agreements for a wind down of oil, gas and coal at COP26.”
“The UK government has invested a lot in trying to persuade people that it is taking action to tackle the climate crisis, but while it is still opening up new oil and gas fields we can discount most of it as hot air. We know that there can’t be any fossil fuel developments if we want a liveable climate and yet the UK government wants to open 30 new oil and gas fields in the North Sea, starting with Cambo. And all the while subsiding fossil fuel companies to the tune of billions. Actions matter now not words. Just stop talking, Prime Minister and instead, stop Cambo.”
“The United States is the poster child for climate hypocrisy — the world’s largest historical emitter claiming the mantle of climate leadership while pouring fuel on the fire of the climate crisis. Joe Biden’s words will ring hollow until he cancels deadly fossil fuel expansion projects like the Dakota Access Pipeline or the dozens of proposed oil and gas export terminals awaiting approval from his administration. This new report makes it clear the U.S. remains a massive driver of oil and gas expansion, and that won’t change until our leaders commit to a managed phase-out of fossil fuel extraction that truly protects communities, workers, and the climate.”
“The use of fossil fuels is the number one reason we are currently facing a climate emergency. Yet, the wealthiest countries with the greatest capacity to rapidly transition away from fossil fuels, keep allowing and even subsidising the development of new oil, gas and coal. It’s time for the leaders of countries such as Norway to come together and lead the way out of climate chaos once and for all.”
“Not only is the Morrison Government unrepentant about Australia’s fossil fuels production and export plans through to 2050 and beyond, it is openly boasting about these plans here at Glasgow. PM Morrison’s Net Zero target does nothing to stop fossil fuel expansion, and goes so far as to explicitly build their continued use into its plan to reduce emissions. While the world moves forward in phasing out fossil fuels – a key aim of this COP, the Morrison Government is intent on driving Australia backwards. Australia is a wealthy country and is in the box seat to be leading the renewable energy transition.”
Country-specific analysis from the Report:
- Halting the licensing for further exploration and extraction of fossil fuels.
- Committing to a timeline for domestic phase-out of fossil fuels in line with 1.5°C, noting that wealthy countries can and should move first and should therefore exceed the average rates identified in the Production Gap Report of phasing out coal, oil and gas on average by 11%, 4% and 3% each year.
- Ending the support for fossil fuel production through subsidies, tax relief and other mechanisms of government support.
- Joining the Beyond Oil & Gas Alliance (BOGA) to work with other ambitious governments to end fossil fuel production and fund a just transition for workers.
- Acting as first movers as part of the Fossil Fuel Non-Proliferation Treaty.
- Redirecting the vast financial support currently provided to fossil fuel industries towards helping developing countries shift away from a reliance on fossil fuel production and consumption. If we are to prevent the worst impacts of the climate crisis from becoming a reality, we must address the root of our collective problem: fossil fuels.