Global carbon dioxide emissions in the energy sector reached a record for the fourth consecutive year last year, the consumption of fossil fuels, while renewable energies have reached a record, the annual statistical examination of the world energy of the Institute of Energy showed it on Thursday.
Why is it important
The report figures highlight the challenge of trying to wean the global economy of fossil fuels at a time when conflicts in Ukraine have restarted the oil and gas flows in Russia and fighting in the Middle East raise concerns about the security of supplies.
Last year was the hottest year ever recorded, with global temperatures exceeding 1.5 ° C (34.7 ° F) above the pre-industrial era for the first time.
By figures
The world experienced an annual increase of 2% of the total energy supply in 2024, all energy sources such as oil, gas, coal, nuclear, hydroelectricity and increased energies recording increases, which took place for the last time in 2006, according to the report.
This led to an increase in carbon emissions by around 1% in 2024 and at the record level set the previous year at 40.8 gigatons of equivalent carbon dioxide.
From all global fossil fuels, natural gas has increased the greatest increase in production, increasing by 2.5%. Meanwhile, coal increased by 1.2% to remain the largest source of production in the world, while oil growth was less than 1%.
Wind and solar energy extended from 16% in 2024, nine times faster than total energy demand, according to the report.
Context
The Energy Institute industry organization, which includes energy professionals through the levels, as well as the KPMG and Kearney consultants, succeeded BP last year to have the report produced.
Progress monitoring analysts said the world was not about to achieve a global goal of tripling the capacity for renewable energies by 2030 despite the record amounts.
Key quotes
“Last year was another turning point for global energy, motivated by the increase in geopolitical tensions,” said the Roman debarre of consulting cabinet Kearney, one of the authors of the report, in a statement.
“COP28 demanded a daring vision to triple global renewable energies by 2030, but progress is uneven and despite the rapid growth that we have seen on a global scale, we are still not at the rate,” said Wafa Jafri, partner of KPMG.
COP28 was the United Nations Conference on Climate Change which took place in Dubai in 2023, during which the countries signed a pact to pass fossil fuels in energy systems to make clear zero emissions by 2050.
