Towards an orderly and just exit from fossil fuels.

The international community faces a conundrum. Without more ambitious action to curtail fossil fuel production, climate goals are impossible to realize. To date, an emerging array of minilateral international governance initiatives has promoted cooperation to reduce support to fossil fuels, through...

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Publicado en:International Affairs Vol. 102; no. 2; pp. 599 - 617
Autor principal: Newell, Peter
Formato: Artículo
Publicado: Oxford University Press / USA Mar2026
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        10.1093/ia/iiaf272
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        atl: Towards an orderly and just exit from fossil fuels.
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        au: Newell, Peter
        affil: University of Sussex, School of Global Studies, Brighton BN1 9RH, UK
      su:
        Environmental justice
        Energy policy
        Climate change
        Fossil fuels
        Diversification in industry
        International organization
        Bilateral treaties
        Carbon dioxide mitigation
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        subj:
          Environmental justice
          Energy policy
          Climate change
          Regulation and Administration of Communications, Electric, Gas, and Other Utilities
          Fossil fuels
          Diversification in industry
          International organization
          Bilateral treaties
          Carbon dioxide mitigation
      keyword:
        climate change
        copyrightHolder:The Royal Institute of International Affairs
        copyrightYear:2026
        energy transition
        fossil fuels
        inLanguage:en
        international finance
        publisher:Oxford University Press
        sameAs:https://dx.doi.org/10.1093/ia/iiaf272
        climate change
        copyrightHolder:The Royal Institute of International Affairs
        copyrightYear:2026
        energy transition
        fossil fuels
        inLanguage:en
        international finance
        publisher:Oxford University Press
        sameAs:https://dx.doi.org/10.1093/ia/iiaf272
      ab: The international community faces a conundrum. Without more ambitious action to curtail fossil fuel production, climate goals are impossible to realize. To date, an emerging array of minilateral international governance initiatives has promoted cooperation to reduce support to fossil fuels, through export finance and subsidies and through voluntary commitments to forgo fossil fuel reserves. However, a just transition away from fossil fuels will require more multilateral responses to address challenges such as uneven capacity to diversify economies, differential obligations to move away from fossil fuels based on historical patterns of consumption and the financial constraints which inhibit many states from reducing their fossil fuel dependence. Such a move will be fiercely resisted by fossil fuel-dependent powers. This article explores the tensions between the need for an orderly and just transition but one that is simultaneously able to disrupt incumbent forms of power currently resisting measures to cut the supply of fossil fuels, before assessing potential pathways forward. A growing number of states now recognize the need for global oversight and regulation of fossil fuel production, and they are starting to articulate what form a response might take. This article takes stock of such efforts and explores future political and institutional pathways towards a more orderly and just exit from fossil fuels. It argues that, while minilateral 'club' responses create important momentum, ultimately a multilateral agreement will be necessary to address the competing goals, diverse interests and different dimensions of a just transition.
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      doctype: Article
      src: R
    language: English
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