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The Guardian - UK
The Guardian - UK
Environment
Jillian Ambrose Energy correspondent

No need for countries to issue new oil, gas or coal licences, study finds

Off-shore oil platform
The paper is expected to reignite criticism of the UK’s Conservative government, which has promised hundreds of oil and gas exploration licenses to boost the North Sea industry. Photograph: Russ Bishop/Alamy

The world has enough fossil fuel projects planned to meet global energy demand forecasts to 2050 and governments should stop issuing new oil, gas and coal licences, according to a large study aimed at political leaders.

If governments deliver the changes promised in order to keep the world from breaching its climate targets no new fossil fuel projects will be needed, researchers at University College London and the International Institute for Sustainable Development (IISD) said on Thursday.

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