Fossil fuel debate heats up
The COP26 climate summit in Glasgow is focused on countries bringing more ambitious emissions reductions to the table. The latest pain point: a new report by the United Nation’s Environment Programme that says plans to extract fossil fuels up to 2030 are incompatible with keeping global temperatures below the 1.5C threshold. Earlier this year, officials said urgent action is needed to keep global warming to that sort of level. But this new report says countries are expected to ramp up oil and gas production over the next decade while coal production is expected to dip slightly. The impact on resources industry jobs here in Oz is at the centre of concerns about adopting new emissions targets. Nationals leader Barnaby Joyce says the party will arrive at their position by the end of the week.
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