The Energy Institute’s annual statistical analysis of global energy revealed on Thursday that global carbon dioxide emissions from the energy sector reached a record high for the fourth consecutive year last year as fossil fuel use continued to rise despite a record high for renewable energy.
The significance of
At a time when the turmoil in Ukraine has redirected oil and gas shipments from Russia and fighting in the Middle East raises concerns about supply security, the report’s figures underscore the difficulty of attempting to wean the global economy off fossil fuels.
With global temperatures surpassing 1.5°C (34.7°F) above the pre-industrial era for the first time, last year was the hottest year on record.
