The world must limit global warming to 1.5 degrees Celsius above preindustrial levels in order to avoid the worst consequences of climate change – aggravation of extreme weather, irreversible bioclimatic changes, loss of human life, and economic hardship.

These reductions would involve stopping many future and existing fossil fuel projects all over the world.

The study concludes that, over the course of 2050, oil and gas output must decrease by 3% per year in order to reach the Paris Accord targets, impacting heavily on those producers who continue to rely on profits from fossil fuel production.

In 2015, 196 Parties signed on to a Paris Climate Agreement aimed at keeping global average temperatures below 1.5 ° C. 1.5mtrs is the favoured targets.

The study also predicts that America will not peak until 2025, before shrinking as oil imports fall and fossil fuels continue to be used in the transportation sector.

Canada, for example, has a much larger reserve at 83 percent and must stay on its soil by 2050 than other regions.

This is partly due to the fact that the model takes into account negative emission technologies such as carbon capture and storage, although, how quickly these systems can be implemented is doubtful.

“The takeaway in this study really addresses the elephant in the room,”Maisa Rojas Corradi

“The takeaway in this study really addresses the elephant in the room,” Maisa Rojas Corradi, co-primary author of the key U.N. report on climate change but not involved in the research, told CNN.

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University of London

The University of London is a federal public research university located in London, England, United Kingdom. The university was established by royal charter in 1836, (wikipedia)

University College London

University College London, which operates as UCL, is a major public research university located in London, United Kingdom. UCL is a member institution of the federal University of London, (wikipedia)

Queen Mary University of London

Queen Mary University of London is a public research university in London, England, and a constituent college of the federal University of London. (wikipedia)

UCL Institute of Education

The UCL Institute of Education is the education school of University College London . (wikipedia)

James Price Point

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Public opinion on climate change

Public opinion on climate change is the aggregate of attitudes or beliefs held by the adult population concerning the science, economics, and politics of climate change. (wikipedia)

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