Fossil projects put 1.5°C out of reach, oil phaseout urged
The gist
Oil Change International says developed fossil fuel projects commit CO₂ pollution seven times the 1.5°C carbon budget.
The group urges governments to halt new licences and plan an early, equitable phaseout.
How it unfolded
- 2023Governments agreed for the first time at COP28 that meeting the Paris Agreement requires transitioning away from fossil fuels.
- 2025The International Court of Justice (ICJ), the world's highest court, affirmed 1.5°C as a legally binding temperature limit and suggested failure to regulate fossil fuel production, licensing and subsidies could trigger legal consequences.
- Nov 22, 2025The COP30 text was approved in Belem after negotiations stretched through the night, urging more funds for poorer countries and omitting fossil fuels.