"Global CO2 Emissions From Fossil Fuels To Hit Record High In 2023 -Report"

"DUBAI - Global carbon dioxide emissions from burning fossil fuels are set to hit a record high this year, exacerbating climate change and fuelling more destructive extreme weather, scientists said.

The Global Carbon Budget report, published on Tuesday during the COP28 climate summit, said that overall CO2 emissions, which reached a record high last year, have plateaued in 2023 due to a slight drop from uses of land like deforestation.

Countries are expected to emit a total 36.8 billion metric tons of CO2 from fossil fuels in 2023, a 1.1% increase from last year, the report by scientists from more than 90 institutions including the University of Exeter concluded.

When land use emissions are included, global CO2 emissions are set to total 40.9 billion tons this year.

Emissions from coal, oil and gas all rose, driven by India and China. The Chinese rise was caused by its economy reopening after COVID-19 lockdowns, while India's was a result of power demand growing faster than the country's renewable energy capacity, leaving fossil fuels to make up the shortfall."

Kate Abnett reports for Reuters December 5, 2023.


"Global Fossil Fuel Emissions Are Rising, Report Finds" (New York Times)

Source: Reuters, 12/06/2023