The conflict between continued fossil fuel exploration and production and global climate action is evident. The Production Gap Report makes clear that fossil fuel production plans are dangerously out of sync with the climate goals of limiting global warming to 1.5°C or 2°C. Yet the words “fossil fuels” appeared nowhere in the landmark Paris Agreement on climate change of 2015 and it was not until six years later in the Glasgow Climate Pact that the international community first acknowledged the need to act on coal power generation and fossil fuel subsidies. While fossil fuel production is now recognized as part of the climate problem, global production and consumption of oil, gas and coal reached all-time highs in 2021.
The International Conference on Fossil Fuel Supply and Climate Policy explores the intersection of fossil fuel supply and climate policy. The fourth conference, in 2022, seeks to expand its scope to examine the intersection of fossil fuel supply and climate policy amid changing geopolitics, the effects of Covid-19 on supply and demand, price volatility, and ongoing inequalities, discrimination, and impacts on vulnerable groups.
The conference themes focus on production (supply) of fossil fuels within the context of addressing climate change during the energy transition:
- Equity, justice, and fossil fuel supply
- Business, finance, markets, and volatility
- Government and intergovernmental policies and institutions for a managed transition
- Narratives, vested interests, and opposition strategies
Read about the themes in greater detail on the conference website.
This conference explored the many opportunities for policies that aim to explicitly limit fossil fuel production.
Academics and practitioners from around the world explored whether and how climate policy should limit the supply of fossil fuels.