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Global Carbon Project Report
January 23 , 2024
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- The global carbon emissions from fossil fuels have reached an all-time high in 2023.
- Global emissions from oil are projected to rise most steeply in 2023 compared to 2022.
- The annual report projects fossil carbon dioxide (CO2) emissions of 36.8 billion tonnes in 2023, up 1.1 per cent from 2022.
- The report stated that “global emissions from coal (1.1 per cent), oil (1.5 per cent) and gas (0.5 per cent) are all projected to increase”.
- The expected emissions rise in India during 2023 compared to 2022 is over eight per cent.
- In 2023, compared to 2022, the emission is projected to increase in India by 8.2 per cent, China by 4.0 per cent.
- In the same time, it got decline in the EU by 7.4 per cent, US by 3.0 per cent; and the rest of the world by 0.4 per cent.
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