Fossil gas must exit the global power system by 2040 to limit warming to 1.5°C - report

This report looks at when different regions need to phase out fossil gas electricity generation to be 1.5°C compatible. At the global level, it shows that the decline in fossil gas electricity generation should start immediately, and fall to just 15% of total global electricity generation by 2030 to reach very low levels by 2035.The findings are based on 1.5°C emissions pathways assessed by the Intergovernmental Panel on Climate Change (IPCC), which are designed to show the most cost-effective way to limit warming to 1.5°C.
Developed countries will need to phase out gas first, to fall below 10% of total electricity generation by 2030, and effectively be phased out by 2035. For developing countries, the share of fossil gas generation will need to fall to below 10% by 2035, and be phased out by the early 2040s.
Developing countries will require financial, technical and, depending on the circumstances, transitional support from developed countries to shift to renewable energy systems at pace.