Passage: A recent report, highlighted in the India Today article 'Countries planning to go past fossil fuel production goals: Report' published on 23 September 2025, has revealed a significant gap between countries’ fossil fuel production plans and climate targets. The Production Gap Report 2025 indicates that governments are planning to produce more than double the amount of fossil fuels in 2030 than what would be consistent with limiting global warming to 1.5°C. Production plans for coal, oil, and gas are 120% above levels aligned with the 1.5°C pathway and 77% higher than those consistent with a 2°C rise. This discrepancy poses a serious challenge to achieving the goals of the Paris Agreement, which aims to limit global warming to well below 2°C and pursue efforts to limit it to 1.5°C. As the Paris Agreement marks its 10th anniversary in 2025, experts warn that immediate and substantial reductions in fossil fuel production are essential to meet these climate objectives. Question: Which option best summarises the passage?

1. Governments have already met the Paris Agreement targets
2. Countries plan excessive fossil fuel production, risking climate targets
3. Fossil fuel prices are rising due to high demand worldwide
4. Renewable energy policies are replacing fossil fuels rapidly