This chart shows how long proven reserves of fossil fuels can last (i.e. the reserves so far ascertained that have production costs which, given current market prices, make their extraction economically viable) if we continue to consume at current levels ( 2014). Data source: eni, World Oil and Gas Review 2015; BP Statistical Review of World ...

Table 1: Fossil fuel reserves as of 2015 according to the BP Statistical Review of World Energy compared with the Uranium reserves as of 2014 according to the IAEA. [2-5] The mass unit is 1 tonne = 10 3 kg = 1.10 tons. The energy unit is 1 toe (tonne of oil equivalent) = 4.2 × 10 10 joules. The natural gas conversion factors are 1 m 3 = 0.0090 tonnes and 1 tonne = 1.23 toe.

The location of the World's Main Fossil Fuel Reserves: Click to enlarge. Source: Global Availability of Coal, World Coal Association. Here are some fascinating facts from the World Coal Association report: The world is awash in coal with over 860 gigatons of proven reserves which would last around 118 years at the current rate of production.

Globally, fossil fuels account for a much smaller share of electricity production than the energy system as a whole. In 2019, around 64% of our electricity came from fossil fuels. This interactive map shows the share of electricity that comes from fossil fuels (coal, oil and gas summed together) across the world.

Countries are planning to produce about 50% more fossil fuels by 2030 than would be consistent with a 2°C global average temperature rise, and 120% more than would be consistent with a 1.5°C rise. The production gap is largest for coal.

Global crude oil reserves total about 1,707 billion barrels (BP, 2019). The BP study reported that North America produced a steady increase in the thousand million (billion) barrels of oil reserves at each ten-year mark. From 2008 to 2018, oil proved reserves increased from …

At least 29 countries source more than 90% of their energy from fossil fuels, including coal, oil, gasoline, and natural gas. The consumption rate seems to be rising most sharply in developing economies with or near rich oil reserves, such as India and Singapore, over the last ten years. There is good news, though, as global dependence on ...

The chief fossil fuel presently used is oil, with estimated total worldwide proven oil reserves, as of January 1, 2008, estimated at 1.332 trillion barrels, an increase of 14 billion barrels from 2007. Fifty six percent of the world's proved oil reserves are located in the Middle East.

Deposits of fossil fuels depend on the climate and organisms that lived in that region millions of years ago, and the geological processes that have since taken place. For instance, while coal reserves are found in every country, the largest reserves are found in the United States, Russia, China, Australia, and India.

Plenty of deposits around the world are not part of proven fossil fuel reserves, even though their location is perfectly known. This is because they aren't accessible, or simply wouldn't be profitable to drill or mine with current technology and at current fuel prices.

Table 1 shows the distribution of remaining reserves of fossil fuels. Firstly, as seen in Table 1, coal constitutes approximately 65% of the fossil fuel reserves in the world, with the remaining 35% being oil and gas. Secondly, while the size and location of reserves of

Fossil Fuels and Climate Change Publicly Listed Companies and Fossil Fuels The IP's 5th Assessment estimated in 2014 that thermal combustion of the world's remaining proven fossil fuel reserves would greatly exhaust of the planet's remaining carbon budget for the well below 20C target established by the Paris Agreement. Based on the IPCC ...

According to the latest BP Statistical Review of World Energy, total global reserves, by fossil fuel, are now: . Coal - 1,139 billion tonnes. Natural Gas - 187 trillion cubic meters. Crude Oil - 1,707 billion barrels. While these volumes may seem large at a glance, at today's level of extraction and production rates, BP's estimated proved reserves*, by fossil fuel, would be exhausted as follows:

Coal – Reserves. Figure 5 shows the current global reserve situation as of 2016. The reserves are calculated at 1,139bt (billion tonnes) and represent the largest reserves of all fossil energy sources. In comparison to the reserves for crude oil, it is easy to see that the key players in developing this raw material are different.