concept

fossil fuel extraction

Also known as: industrial fossil fuel extraction, fossil fuel exploitation, fossil fuel extraction and operations

Facts (15)

Sources
Practitioners' perceived risks to biodiversity from renewable energy ... nature.com Nature Feb 27, 2025 8 facts
measurementPractitioners are least confident that industrial fossil fuel extraction impacts will surpass large-scale solar or wind energy impacts on native plants and animals by 2050, with only 25% to 35% of practitioners expecting such an outcome.
perspectivePacific Coast practitioners perceive that large-scale solar energy development and fossil fuel extraction have equal impacts on biodiversity, a view held currently and projected until 2050.
procedurePractitioners compared the direct net impacts on biodiversity from the land footprint of large-scale wind and solar energy (LSWS) with impacts from other industrial-scale land-use and land-cover change (LULCC) drivers, including agriculture, farming, urban growth, timber harvest, and fossil fuel extraction and operations.
claimState environmental agency practitioners perceived greater impacts on plants and future ecosystems from solar energy (0.17 and 0.60, respectively), reflecting their view of solar energy development as a substitute for fossil fuel extraction.
measurementPractitioners from the Pacific Coast perceive the impact of solar energy development as equal to that of industrial fossil fuel extraction, with a rescaled Likert score range of -0.2 to 0.
referenceHarfoot et al. (2018) assessed the present and future biodiversity risks associated with fossil fuel exploitation.
claimMany practitioners in the Southwestern region project that impacts from fossil fuel extraction will surpass impacts from large-scale wind and solar (LSWS) by 2050.
referenceScholars have identified six predominant drivers of land-use and land-cover change (LULCC) that impact biodiversity: agriculture, pasturelands, urban growth, forestry, fossil fuel extraction, and fossil fuel operations.
Energy asset stranding in resource-rich developing countries and ... frontiersin.org Frontiers Jun 10, 2024 3 facts
claimTrout K., Muttitt G., Lafleur D., de Graaf T. V., Mendelevitch R., Mei L., et al. (2022) asserted that existing fossil fuel extraction would warm the world beyond 1.5°C, as published in Environmental Research Letters.
claimSectors with high carbon emissions, specifically fossil fuel extraction, fossil fuel production, coal-fired power generation, and heavy industries, are generally more exposed to transition risks.
claimUnilaterally ending fossil fuel production is feared to result in the loss of future revenues and profits from fossil fuel extraction.
Energy Transition Literature - PSU Center for Energy Law and Policy celp.psu.edu Penn State Center for Energy Law and Policy May 20, 2024 2 facts
claimKirshner, Cotton, and Salite (2021) report that fossil fuel extraction in Mozambique is driven by multinational corporations, while energy poverty continues to affect rural and peri-urban communities.
perspectiveGreg Muttitt and Sivan Kartha argue that a just transition must respect the rights of extraction workers and pollution-affected communities, and they propose five principles for the equitable curbing of fossil fuel extraction: (1) phase out global extraction at a pace consistent with limiting warming to 1.5°C; (2) enable a just transition for workers and communities; (3) curb extraction consistent with environmental justice; (4) reduce extraction fastest where doing so will have the least social costs; and (5) share transition costs fairly according to the ability to bear those costs.
Framework for People-Powered Energy Transitions resourcegovernance.org Natural Resource Governance Institute Jul 17, 2024 2 facts
claimThe global energy transition creates economic risks for countries reliant on fossil fuel extraction due to lower demand, and for countries producing minerals for clean technologies due to the potential for an unregulated mining boom.
claimCountries whose economies rely on fossil fuel extraction face the prospect of lower demand, while countries producing minerals needed for clean technologies risk the negative impacts of an unregulated mining boom.