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Limiting fossil fuel production as the next big step in climate policy

Author

Listed:
  • Peter Erickson

    (Stockholm Environment Institute US)

  • Michael Lazarus

    (Stockholm Environment Institute US)

  • Georgia Piggot

    (Stockholm Environment Institute US)

Abstract

Despite the current ambivalence of the United States towards the Paris Agreement, national and local jurisdictions across the globe remain committed, and they are seeking ways to increase the ambition and effectiveness of their climate policies. One way forwards could be limiting the production — not just the consumption — of coal, gas and oil. Here we describe the rationale for, and CO2 emissions implications of, limiting oil production. Seven countries have recently imposed such limits, and we develop a case study for a potential addition to this group, the US state of California. We find that by ceasing the issuance of permits for new oil wells, California could reduce global CO2 emissions substantially and also enhance environmental justice in the state.

Suggested Citation

  • Peter Erickson & Michael Lazarus & Georgia Piggot, 2018. "Limiting fossil fuel production as the next big step in climate policy," Nature Climate Change, Nature, vol. 8(12), pages 1037-1043, December.
    • Handle: RePEc:nat:natcli:v:8:y:2018:i:12:d:10.1038_s41558-018-0337-0
    DOI: 10.1038/s41558-018-0337-0
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