Study: UK must cut fossil fuel production by 74 per cent by 2030 to deliver fair net zero transition

Cecilia Keating
clock • 3 min read
Campaigners have urged the govenrment to end fossil fuel extraction in UK waters
Image:

Campaigners have urged the govenrment to end fossil fuel extraction in UK waters

Researchers argue wealthier nations that can better withstand rapid cuts to fossil fuel revenues must eliminate their oil and gas production quickest

Rich countries should end oil and gas production by 2034 to give poorer nations a fair chance to replace the income they generate from fossil fuels within the framework of global climate goals, fresh research...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

IEA: Fossil fuel industry failing to curb 'stubbornly high' methane emissions

IEA: Fossil fuel industry failing to curb 'stubbornly high' methane emissions

Methane emissions from oil, gas, and coal production showing little sign of falling, despite huge financial benefits on offer from tackling powerful greenhouse gas

Michael Holder
clock 07 May 2025 • 4 min read
Study: Over 70 per cent of businesses to push forward with electrification

Study: Over 70 per cent of businesses to push forward with electrification

But drive to electrify is fuelling concerns over security of supply and volatile energy costs, according to a major new study from EY

Stuart Stone
clock 01 May 2025 • 4 min read
Study: Overlooked industrial gas giants not acting swiftly enough to cut emissions

Study: Overlooked industrial gas giants not acting swiftly enough to cut emissions

Firms consuming more electricity than the likes of Google, Amazon, and Microsoft must rapidly decarbonise to help preserve a 'safe climate', report warns

Stuart Stone
clock 30 April 2025 • 4 min read