Covid19 Recovery to Push Emissions to All-time High: International Energy Agency
3 years, 5 months ago

Covid19 Recovery to Push Emissions to All-time High: International Energy Agency

News 18  

The global rebound from the COVID-19 pandemic is set to drive emissions of greenhouse gases that stoke climate change to all-time highs, the Paris-based International Energy Agency said in a report on Tuesday. “We estimate that full and timely implementation of the economic recovery measures announced to date would result in CO2 emissions climbing to record levels in 2023, continuing to rise thereafter,” it said. The energy watchdog said the figure represented around a third of what it envisioned was needed in order to put the world on course to reach net zero emissions by mid-century. “ must then go even further by leading clean energy investment and deployment to much greater heights beyond the recovery period in order to shift the world on to a pathway to net-zero emissions by 2050, which is narrow but still achievable – if we act now,” IEA chief Fatih Birol wrote.

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History of this topic

Global CO2 emissions to hit record high in 2024, report says
Trending News
1 month, 1 week ago

Global CO2 emissions to hit record high in 2024, report says

Hindustan Times  

* Global CO2 emissions to hit record high in 2024, report says Emissions from fossil fuels to rise nearly 1% to 37.4 bln T * Severe wildfires fuel 13.5% surge in land-use emissions * Emissions decrease in rich nations, rise in emerging economies * Without urgent action, global climate goals out of reach By Kate Abnett BAKU, - Global carbon …

A shadow ‘financial crisis’ has cost the world $2 trillion
1 month, 2 weeks ago

A shadow ‘financial crisis’ has cost the world $2 trillion

CNN  

CNN — Last month, two major storms, Hurricane Helene and Hurricane Milton, caused a total of between $51.5 billion and $81.5 billion of property damage, mostly to Southeastern US states, according to estimates from CoreLogic. The report from the International Chamber of Commerce, which comes as the United Nations Climate Change Conference begins in Azerbaijan this week, estimated that the …

Global energy-related CO2 emissions hit record high in 2023: International Energy Agency
9 months, 3 weeks ago

Global energy-related CO2 emissions hit record high in 2023: International Energy Agency

The Hindu  

“Global energy-related emissions of carbon dioxide hit a record high last year, driven partly by increased fossil fuel use in countries where droughts hampered hydropower production,” International Energy Agency said on February 29. “Far from falling rapidly — as is required to meet the global climate goals set out in the Paris Agreement — CO2 emissions reached a new record …

Significant renewable energy gains in 2023 put global goal within reach
11 months, 1 week ago

Significant renewable energy gains in 2023 put global goal within reach

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The world added 50 per cent more renewable energy in 2023 than 2022 – putting …

Global emissions at record highs as world continues to overspend on 'carbon budget'
1 year ago

Global emissions at record highs as world continues to overspend on 'carbon budget'

ABC  

Global carbon emissions from fossil fuels have increased over the past year despite most of the world committing to net zero targets, according to new research. The Global Carbon Project releases its carbon budget each year, with this year's figures showing a 1.1 per cent increase in emissions across the world. CSIRO chief research scientist and executive director of the …

Government plans £1bn per year for carbon capture technology
1 year, 9 months ago

Government plans £1bn per year for carbon capture technology

The Independent  

The Government has announced a new plan to funnel around £1 billion a year into technology which can help capture carbon emissions before they are released into the atmosphere. The Chancellor will next week set out what he promises to be a “clean energy reset” with extra money for carbon capture and new promises on nuclear power. This plan will …

Energy agency: CO2 emissions rise in 2022, but more slowly
2 years, 2 months ago

Energy agency: CO2 emissions rise in 2022, but more slowly

Associated Press  

BERLIN — The International Energy Agency said Wednesday that it expects carbon emissions from the burning of fossil fuels to rise again this year, but by much less than in 2021 due to the growth in renewable power and electric cars. Last year saw a strong rebound in carbon dioxide emissions — the main greenhouse gas responsible for global warming …

Federal study: New climate law to slice carbon pollution 40%
2 years, 4 months ago

Federal study: New climate law to slice carbon pollution 40%

Associated Press  

Clean energy incentives in the new spending package signed this week by President Joe Biden will trim America’s emissions of heat-trapping gases by about 1.1 billion tons by 2030, a new Department of Energy analysis shows. The first official federal calculations, shared with The Associated Press before its release Thursday, say that between the bill just signed and last year’s …

Democrats’ Climate Deal Puts U.S. Emissions Goals In Reach, 3 Separate Studies Show
2 years, 4 months ago

Democrats’ Climate Deal Puts U.S. Emissions Goals In Reach, 3 Separate Studies Show

Huff Post  

LOADING ERROR LOADING The potential climate and economic benefits of the surprise reconciliation package Democrats unveiled last week and are likely to pass as soon as this weekend are starting to come into a clearer view. Researchers have crunched the numbers to forecast how the more than 100 climate provisions in the $740 billion deal, called the Inflation Reduction Act, …

Canada greenhouse gas emissions fell nearly 9% in 2020 pandemic year
2 years, 8 months ago

Canada greenhouse gas emissions fell nearly 9% in 2020 pandemic year

India Today  

Canada's total greenhouse gas emissions fell nearly 9% in 2020, the first year of the coronavirus pandemic, as Canadians along with the rest of the world were forced to change their lifestyles and restrict movement to curb the spread of COVID-19. A report Canada submitted to the United Nations on Thursday showed that greenhouse gas emissions dropped by 66 megatonnes …

Globe bounces back to nearly 2019 carbon pollution levels
3 years, 1 month ago

Globe bounces back to nearly 2019 carbon pollution levels

The Hindu  

The dramatic drop in carbon dioxide emissions from the pandemic lockdown has pretty much disappeared in a puff of coal-fired smoke, much of it from China, a new scientific study found. While most countries went back to pre-pandemic trends, China’s pollution increase was mostly responsible for worldwide figures bouncing back to 2019 levels rather then dropping significantly below them, said …

Climate 'Reality Check': 2021 Global CO2 Emissions Near Record Levels
3 years, 1 month ago

Climate 'Reality Check': 2021 Global CO2 Emissions Near Record Levels

News 18  

Global CO2 emissions caused mainly by burning fossil fuels are set to rebound in 2021 to pre-Covid levels, with China’s share increasing to nearly a third of the total, according to an assessment published Thursday. Capping the rise in global temperature to 1.5 degrees Celsius above pre-industrial levels — as per the Paris Agreement — would limit mortality and damage, …

Globe bounces back to nearly 2019 carbon pollution levels
3 years, 1 month ago

Globe bounces back to nearly 2019 carbon pollution levels

Associated Press  

GLASGOW, Scotland — The dramatic drop in carbon dioxide emissions from the pandemic lockdown has pretty much disappeared in a puff of coal-fired smoke, much of it from China, a new scientific study found. At the height of the pandemic last year, emissions were down to 34.8 billion metric tons, so this year’s jump is 4.9%, according to updated calculations …

Globe bounces back to nearly 2019 carbon pollution levels
3 years, 1 month ago

Globe bounces back to nearly 2019 carbon pollution levels

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. At the height of the …

Global carbon emissions set to rebound close to pre-Covid levels
3 years, 1 month ago

Global carbon emissions set to rebound close to pre-Covid levels

Daily Mail  

Global carbon pollution is set to bounce back in 2021 to almost its pre-pandemic levels, scientists have warned as the Cop26 climate talks continue. Global carbon pollution is set to bounce back in 2021 to almost its pre-pandemic levels, scientists have warned as the Cop26 climate talks continue The world has only 11 years left before it has used up …

Earth has 11 years to cut emissions to avoid dire climate scenarios, a report says
3 years, 1 month ago

Earth has 11 years to cut emissions to avoid dire climate scenarios, a report says

NPR  

Earth has 11 years to cut emissions to avoid dire climate scenarios, a report says Enlarge this image toggle caption Zhang Peng/LightRocket via Getty Images Zhang Peng/LightRocket via Getty Images The current rate of greenhouse gas pollution is so high that Earth has about 11 years to rein in emissions if countries want to avoid the worst damage from climate …

The world bounces back nearly to 2019 carbon pollution levels after drop during pandemic lockdowns
3 years, 1 month ago

The world bounces back nearly to 2019 carbon pollution levels after drop during pandemic lockdowns

LA Times  

Smoke and steam rise from towers at the coal-fired Urumqi Thermal Power Plant in Urumqi in western China’s Xinjiang Uyghur Autonomous Region on April 21. At the height of the pandemic last year, emissions were down to 34.8 billion metric tons, so this year’s jump is 4.9%, according to updated calculations by Global Carbon Project. Although most countries went back …

World needs $5 trillion in annual climate finance by 2030 for rapid action
3 years, 1 month ago

World needs $5 trillion in annual climate finance by 2030 for rapid action

India Today  

Climate finance needs to rise sharply to $5 trillion a year globally by 2030 to fund measures to fight climate change, researchers said on Thursday, warning that transformation across economies is too slow to meet international temperature goals. "Although there are some encouraging signs of progress in a few sectors, overall global climate mitigation efforts are still falling woefully short," …

Greenhouse gas levels reached record highs in 2020, even with pandemic lockdowns
3 years, 2 months ago

Greenhouse gas levels reached record highs in 2020, even with pandemic lockdowns

NPR  

Greenhouse gas levels reached record highs in 2020, even with pandemic lockdowns Enlarge this image toggle caption Charles Mostoller/Bloomberg via Getty Images Charles Mostoller/Bloomberg via Getty Images Despite a world economy that slowed significantly because of COVID-19, the accumulation of greenhouse gases in the atmosphere reached a new record last year, putting the goal of slowing the rise of global …

Countries' fossil fuel production plans out of sync with Paris limits: UN report
3 years, 2 months ago

Countries' fossil fuel production plans out of sync with Paris limits: UN report

Hindustan Times  

The 2021 Production Gap Report, by leading research institutes and the UN Environment Programme, finds that despite increased climate ambitions and net-zero commitments, governments still plan to produce more than double the number of fossil fuels in 2030 than what would be consistent with limiting global warming to 1.5°C. “However, governments continue to plan for and support levels of fossil …

Fossil fuel production to soar in face of emissions pledges, United Nations report says
3 years, 2 months ago

Fossil fuel production to soar in face of emissions pledges, United Nations report says

ABC  

Despite climate targets being ramped up, the world is set to increase the production of fossil fuels until 2040 and beyond, according to the United Nations Environment Program. Key points: More than 130 countries have announced plans to reduce emissions to net zero by 2050 Those commitments aren't matched by plans when it comes to fossil fuel production, the report …

World's not ready to leave 'king coal' behind, transition to renewable energy sources have been slow
3 years, 2 months ago

World's not ready to leave 'king coal' behind, transition to renewable energy sources have been slow

Firstpost  

Global economic recovery means coal demand is likely to surpass its 2019 level and retain its crown of being the leading source of greenhouse gas emissions. While the Covid-19 pandemic initially caused a drop in greenhouse gas emissions as economic activity dropped, the pandemic may not have accelerated the shift to renewables: Renewables boom Renewables are now the number two …

Carbon dioxide Emissions Clock Historic Levels Despite Ongoing Covid-19 Pandemic
3 years, 6 months ago

Carbon dioxide Emissions Clock Historic Levels Despite Ongoing Covid-19 Pandemic

News 18  

The Carbon dioxide in the Earth’s atmosphere has again peaked last month, reaching historic levels, according to a new report. Atmospheric carbon dioxide peaked for 2021 in May at a monthly average of 419 parts per million, the highest level since accurate measurements began 63 years ago, scientists from the National Oceanic and Atmospheric Administration and Scripps Institution of Oceanography …

Also roaring back from pandemic: earth-warming emissions
3 years, 8 months ago

Also roaring back from pandemic: earth-warming emissions

Associated Press  

— Global warming emissions are expected to spike this year as the world emerges from the coronavirus pandemic and economies begin to recover. Worldwide energy-related carbon dioxide emissions could surge by 1.5 billion metric tons this year, following last year’s decline due to the pandemic, according to a Tuesday report from the International Energy Agency, an intergovernmental group based in …

IEA issues ‘dire warning’ as CO2 emissions set to soar in 2021
3 years, 8 months ago

IEA issues ‘dire warning’ as CO2 emissions set to soar in 2021

Al Jazeera  

The IEA predicts that carbon dioxide emissions could rise to 33 billion tonnes in 2021 – the second largest rise in emissions ever. Global carbon emissions are set to jump by five percent marking the largest single increase in more than a decade as the economic rebound from the coronavirus pandemic is “anything but sustainable” for the climate. The International …

US needs nearly two-thirds emissions cut by 2030 to achieve net zero by mid-century, new analysis finds
3 years, 9 months ago

US needs nearly two-thirds emissions cut by 2030 to achieve net zero by mid-century, new analysis finds

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The United States needs to cut emissions by almost two-thirds in the next nine years …

Climate Change Tracker: 50 biggest economies give green covid recovery a miss
3 years, 9 months ago

Climate Change Tracker: 50 biggest economies give green covid recovery a miss

Live Mint  

In the immediate aftermath of the easing of global lockdowns last year, the United Nations had urged the world’s governments to re-build economies shattered by the covid-19 pandemic on the back of renewable energy. A new report published on 10 March by the Oxford University Economic Recovery Project and the United Nations Environment Programme, states that only 18% of recovery …

Global emissions cuts need to be ten times higher to stop climate change
3 years, 9 months ago

Global emissions cuts need to be ten times higher to stop climate change

Live Mint  

When it comes to understanding the rate at which countries should be reducing their greenhouse gas emissions to put a brake on global warming, the math is pretty clear. To limit global temperature rise to well below 2 degrees Celsius from pre-industrial levels by 2100, CO2 emissions need to reduce by one-two billion tonnes every year through the next decade …

Scientists warn of rebound after record 7% fall in global emissions
3 years, 9 months ago

Scientists warn of rebound after record 7% fall in global emissions

Hindustan Times  

Coronavirus restrictions led to a record 7% fall in global carbon emissions last year, but the drop will be short-lived unless efforts to phase out fossil fuel are intensified, a study by scientists in the journal Nature Climate Change said. The study by scientists from institutions in Australia, Britain, France, Norway and the United States, confirmed preliminary estimates from May …

Guess What? Global CO2 Emissions Have Returned to Pre-pandemic Levels
3 years, 9 months ago

Guess What? Global CO2 Emissions Have Returned to Pre-pandemic Levels

News 18  

Global CO2 emissions have returned to pre-pandemic levels and then some, threatening to put climate treaty targets for capping global warming out of reach, the International Energy Agency said Tuesday. “The rebound in global carbon emissions toward the end of last year is a stark warning that not enough is being done to accelerate clean energy transitions worldwide,” IEA executive …

Global energy-related emissions rise in December despite pandemic shutdowns
3 years, 9 months ago

Global energy-related emissions rise in December despite pandemic shutdowns

Hindustan Times  

Global energy-related carbon dioxide emissions rose slightly in December compared with the same month of 2019, indicating the sharp drop seen due to the pandemic was short-lived. The Paris-based intergovernmental agency said a resurgence in economic activity coupled with a lack of clean energy policies mean many countries are now seeing higher emissions than before the coronavirus outbreak. “The rebound …

Carbon emissions rebound, worrying International Energy Agency
3 years, 9 months ago

Carbon emissions rebound, worrying International Energy Agency

Live Mint  

Global CO2 emissions have returned to pre-pandemic levels, threatening to put climate treaty targets for capping global warming out of reach, a recent report by International Energy Agency states. "The rebound in global carbon emissions toward the end of last year is a stark warning that not enough is being done to accelerate clean energy transitions worldwide," Fatih Birol, executive …

Global CO2 pollution returns to pre-COVID levels: IEA
3 years, 9 months ago

Global CO2 pollution returns to pre-COVID levels: IEA

Al Jazeera  

The International Energy Agency says emissions were 2 percent higher in December than in the same month a year ago. Global carbon dioxide emissions have returned to pre-pandemic levels and then some, threatening to put climate treaty targets for capping global warming out of reach, the International Energy Agency says. “The rebound in global carbon emissions toward the end of …

Opinion: IEA head: The world isn’t moving fast enough on clean energy
3 years, 10 months ago

Opinion: IEA head: The world isn’t moving fast enough on clean energy

CNN  

Editor’s Note: Fatih Birol is executive director of the International Energy Agency. Our recent analysis at the International Energy Agency shows that almost half of the emissions reductions needed to reach net zero by 2050 may need to come from technologies that haven’t reached the market today. It’s true that solar panels, wind turbines, electric cars, lithium-ion batteries and other …

Budget 2021 will be starting point for economic recovery after COVID-19 pandemic, say experts
3 years, 10 months ago

Budget 2021 will be starting point for economic recovery after COVID-19 pandemic, say experts

Firstpost  

New Delhi: Finance Minister Nirmala Sitharaman on Monday will deliver her promised Budget like no other that is expected to provide relief to the pandemic-hit common man as well as focus more on driving the economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours. Higher capital expenditure outlay for the National Infrastructure Pipeline programme …

World Carbon Dioxide Emissions Drop 7% in Pandemic-hit 2020
4 years ago

World Carbon Dioxide Emissions Drop 7% in Pandemic-hit 2020

News 18  

A locked-down pandemic-struck world cut its carbon dioxide emissions this year by 7%, the biggest drop ever, new preliminary figures show. The Global Carbon Project, an authoritative group of dozens of international scientists who track emissions, calculated that the world will have put 37 billion U.S. tons of carbon dioxide in the air in 2020. “We are certainly very close …

World carbon dioxide emissions drop 7% in pandemic-hit 2020
4 years ago

World carbon dioxide emissions drop 7% in pandemic-hit 2020

Associated Press  

A locked-down pandemic-struck world cut its carbon dioxide emissions this year by 7%, the biggest drop ever, new preliminary figures show. The Global Carbon Project, an authoritative group of dozens of international scientists who track emissions, calculated that the world will have put 37 billion U.S. tons of carbon dioxide in the air in 2020. “We are certainly very close …

Global carbon emissions dropped a record 7% due to COVID-19. Don’t count on it to last
4 years ago

Global carbon emissions dropped a record 7% due to COVID-19. Don’t count on it to last

LA Times  

The 110 Freeway in downtown Los Angeles with unusually light traffic on March 20, while the state was under coronavirus stay-at-home orders. The COVID-19 pandemic reduced global greenhouse gas emissions by a record 7% this year, according to new estimates released Thursday by an international group of scientists. Le Quéré said the emissions drop from the pandemic could be fleeting …

COVID-19 could push over 1 billion into extreme poverty by 2030, says UN study
4 years ago

COVID-19 could push over 1 billion into extreme poverty by 2030, says UN study

Firstpost  

The study assesses the impact of different COVID-19 recovery scenarios on the Sustainable Development Goals, evaluating the multidimensional effects of the pandemic over the next decade United Nations: An additional 207 million people could be pushed into extreme poverty by 2030 due to the severe long-term impact of the coronavirus pandemic, bringing the total number of the world’s extremely poor …

Climate change: Countries are choosing fossil fuels over clean energy, report says
4 years ago

Climate change: Countries are choosing fossil fuels over clean energy, report says

CNN  

CNN — Governments of the world are at a “critical juncture” for shaping the climate’s future but are on course to produce too many fossil fuels in the decade ahead, a new report has found. To limit global warming to 1.5 degrees Celsius – which scientists say would avoid the most catastrophic impacts of climate change – countries need to …

Climate change: World won’t hit climate goals unless energy innovation is rapidly accelerated
4 years, 5 months ago

Climate change: World won’t hit climate goals unless energy innovation is rapidly accelerated

CNN  

New York CNN Business — Solar and wind power are booming. “The message is very clear: in the absence of much faster clean energy innovation, achieving net-zero goals in 2050 will be all but impossible,” Fatih Birol, the IEA’s executive director, said in a statement. Still, the IEA said there are “no single or simple solutions to putting the world …

Climate crisis: IEA releases $3 trillion plan to save planet and rescue the economy
4 years, 6 months ago

Climate crisis: IEA releases $3 trillion plan to save planet and rescue the economy

CNN  

London CNN Business — Can the global economy and environment be rescued at the same time? Failure to act now risks a repeat of the aftermath the 2008 global financial crisis, when governments did not prioritize stimulus spending on climate, allowing CO2 emissions to bounce back with what the IEA describes as the largest increase ever recorded. The IEA and …

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