A spike in oil and gas licences in
wealthy countries – with the
capacity to transition off
fossil fuels ...
Countries grouped by capacity to transition
from fossil fuels, and dependency on them
Low-dependency
high-capacity
825
800 licences
600
Low-dependency
and -capacity
400
High-
dependency
low-capacity
200
0
2014
2023
2014
2023
2014
2023
... generates a surge in lifetime
emission after years of slowing
40bn tonnes
of CO2
Greenhouse gas emissions
from oil and gas projects
30bn
20bn
11.9bn
10bn
Projection
0
2014
2016
2018
2020
2022
2024
A spike in oil and gas licences in wealthy
countries – with the capacity to
transition off fossil fuels ...
Countries grouped by capacity to transition
from fossil fuels, and dependency on them
Low-dependency
high-capacity
825
800 licences
600
Low-dependency
and -capacity
400
High-
dependency
low-capacity
200
0
2014
2023
2014
2023
2014
2023
... generates a surge in lifetime
emissions after years of slowing
40bn tonnes
of CO2
Greenhouse gas emissions
from oil and gas projects
30bn
20bn
11.9bn
10bn
Projection
0
2014
2016
2018
2020
2022
2024
A spike in oil and gas licences
in wealthy countries – with the
capacity to transition off fossil fuels ...
Countries grouped by capacity to transition
from fossil fuels, and dependency on them
Low-dependency
high-capacity
825
800 licences
600
Low-dependency
and -capacity
400
High-
dependency
low-capacity
200
0
2014
2023
2014
2023
2014
2023
... generates a surge in lifetime
emissions after years of slowing
40bn tonnes
of CO2
Greenhouse gas emissions
from oil and gas projects
30bn
20bn
11.9bn
10bn
Projection
0
2014
2016
2018
2020
2022
2024
A spike in oil and gas licences in wealthy countries – with the
capacity to transition off fossil fuels ...
Countries grouped by capacity to transition from fossil fuels, and dependency on them
825
800 licences
Low-dependency
high-capacity
600
Low-dependency
and -capacity
400
High-dependency
low-capacity
200
0
2014
2023
2014
2023
2014
2023
... generates a surge in lifetime emissions after years of slowing
40bn tonnes
of CO2
Greenhouse gas emissions
from oil and gas projects
30bn
20bn
11.9bn
10bn
Projection
0
2014
2016
2018
2020
2022
2024
A spike in oil and gas licences in wealthy countries – with the
capacity to transition off fossil fuels ...
Countries grouped by capacity to transition from fossil fuels, and dependency on them
Countries grouped by capacity to transition from fossil fuels, and dependency on them
825
800 licences
Low-dependency
high-capacity
600
Low-dependency
and -capacity
400
High-dependency
low-capacity
200
0
2014
2023
2014
2023
2014
2023
... generates a surge in lifetime emissions after years of slowing
40bn tonnes
of CO2
Greenhouse gas emissions
from oil and gas projects
30bn
20bn
11.9bn
10bn
Projection
0
2014
2016
2018
2020
2022
2024
A spike in oil and gas licenses in wealthy countries – with the
capacity to transition off fossil fuels ...
Countries grouped by capacity to transition from fossil fuels, and dependency on them
Countries grouped by capacity to transition from fossil fuels, and dependency on them
825
800 licenses
Low-dependency
high-capacity
600
Low-dependency
and -capacity
400
High-dependency
low-capacity
200
0
2014
2023
2014
2023
2014
2023
... generates a surge in lifetime emissions after years of slowing
40bn tonnes
of CO2
Greenhouse gas emissions
from oil and gas projects
30bn
20bn
11.9bn
10bn
Projection
0
2014
2016
2018
2020
2022
2024