Finally, some good news in the battle against greenhouse gasses: Carbon dioxide emissions from the burning of fossil fuels are on track to rise less than 1% this year
Finally, some good news in the battle against greenhouse gasses: Carbon dioxide emissions from the burning of fossil fuels are on track to rise less than 1% this year. That’s despite widespread concerns of a rush back to coal, oil and gas amid a global energy crunch and Russia’s war in Ukraine. We have electric vehicles and an uptake of renewables to thank for the surprisingly small increase.
Demand for coal has increased as Russia’s war in Ukraine sends natural gas prices soaring, and CO2 emissions from coal power generation, driven largely by Asia, are forecast to grow by more than 200 million tons, or 2%, this year. But the increase in emissions from coal has been “relatively small” and are “considerably outweighed by the expansion of renewables,” according to the report.
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