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Energy Crisis Sets Stage for Record Global Carbon Emissions - Bloomberg

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The energy crisis, the coming winter weather and the release of pent-up pandemic demand have sent nations scrambling to stockpile fossil fuels, a move that portends a rebound for global carbon dioxide emissions this year. 

The trajectory poses a new threat to the Paris Agreement goal of limiting global temperature increases to 1.5° Celsius. China, India and other developing economies are driving the demand for coal, but even the U.S. is poised to increase its consumption of the dirtiest fossil fuel in almost a decade, according to a forecast from the International Energy Agency. 

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October 09, 2021 at 04:00AM
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Energy Crisis Sets Stage for Record Global Carbon Emissions - Bloomberg
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