Global Energy Emissions Rise in 2023, Hitting a New Record High

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Adi Ahdiat 08/03/2024 13:33 WIB

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According to IEA data, carbon dioxide emissions related to fossil fuel use reached 37.4 gigatons of CO2 in 2023, a 1.1% increase compared to 2022 and a new record high.

Global Fossil Fuel Energy-Related CO2 Emissions (1960-2023)

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Global Fossil Fuel Energy-Related CO2 Emissions (1960-2023)

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According to International Energy Agency (IEA) data, global energy-related CO2 emissions reached 37.4 gigatons in 2023.

This volume increased by 1.1% compared to 2022 (year-on-year/yoy), setting a new record high, as shown in the graph.

"Coal emissions contributed more than 65% to the increase in global energy emissions in 2023," the IEA stated in its report, *CO2 Emissions in 2023*.

"The decline in global hydropower generation due to drought also increased emissions," it continued.

Nevertheless, the IEA assessed that the increase in global energy emissions in 2023 slowed slightly compared to 2022, which saw a 1.3% (yoy) increase.

The IEA cites several factors contributing to the slowdown in global energy emission growth in 2023.

These include a 75% (yoy) increase in wind and solar power generation capacity and a 35% (yoy) increase in global electric vehicle sales.

However, these developments are considered insufficient.

"We need a much greater effort to encourage developing countries to increase investment in clean energy," said IEA Executive Director Fatih Birol in a press release on Friday, March 1, 2024.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Global Energy Emissions Rise in 2023, Hitting a New Record High

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