Drop in advanced economy emissions in 2023

Drop in advanced economy emissions in 2023

From Cosmos (6/3/24)…
 

Drop in advanced economy emissions in 2023

A new report out today has revealed global emissions in advanced economies have dropped to 50-year lows but overall emissions continue to reach record levels.

The analysis by the International Energy Agency (IEA) shows a downward trend in CO2 emissions by the world’s biggest economies through the continued expansion of renewables.

The world emitted 37.4bn tonnes of CO2 equivalent into the atmosphere in 2023, but the rate of growth is being slowed.

Year-on-year, 2023 saw an additional 410m tonnes of extra CO2 emitted, compared to 2022’s total. That’s down from a 490m tonne surplus the year prior.

Source IEA

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