In order to limit global temperature increases to two degrees Celsius or below as proposed under the Paris Climate Agreement, the use of fossil fuels will have to be reduced significantly by the middle of this century. As a result, 80 percent of coal reserves worldwide would be deemed unusable. In addition to the fossil fuel resources themselves, the infrastructure that is used for the extraction and burning of fossil fuels will also become unusable.
Share of fossil fuel resources deemed unusable in a two degree Celsius warming scenario by 2050, by fossil fuel type
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Axios. (April 4, 2022). Share of fossil fuel resources deemed unusable in a two degree Celsius warming scenario by 2050, by fossil fuel type [Graph]. In Statista. Retrieved January 08, 2025, from https://www.statista.com/statistics/1303544/worldwide-unusable-fossil-fuel-assets/
Axios. "Share of fossil fuel resources deemed unusable in a two degree Celsius warming scenario by 2050, by fossil fuel type." Chart. April 4, 2022. Statista. Accessed January 08, 2025. https://www.statista.com/statistics/1303544/worldwide-unusable-fossil-fuel-assets/
Axios. (2022). Share of fossil fuel resources deemed unusable in a two degree Celsius warming scenario by 2050, by fossil fuel type. Statista. Statista Inc.. Accessed: January 08, 2025. https://www.statista.com/statistics/1303544/worldwide-unusable-fossil-fuel-assets/
Axios. "Share of Fossil Fuel Resources Deemed Unusable in a Two Degree Celsius Warming Scenario by 2050, by Fossil Fuel Type." Statista, Statista Inc., 4 Apr 2022, https://www.statista.com/statistics/1303544/worldwide-unusable-fossil-fuel-assets/
Axios, Share of fossil fuel resources deemed unusable in a two degree Celsius warming scenario by 2050, by fossil fuel type Statista, https://www.statista.com/statistics/1303544/worldwide-unusable-fossil-fuel-assets/ (last visited January 08, 2025)
Share of fossil fuel resources deemed unusable in a two degree Celsius warming scenario by 2050, by fossil fuel type [Graph], Axios, April 4, 2022. [Online]. Available: https://www.statista.com/statistics/1303544/worldwide-unusable-fossil-fuel-assets/