Greenhouse gas emissions from energy hit a record high last year as demand for fossil fuels rose despite a big increase in renewable power, according to a report that highlights the need to speed up the green transition.
Energy emissions increased 2 per cent in 2023 to exceed 40 gigatonnes of CO₂ equivalent for the first time, according to the Energy Institute’s Statistical Review of World Energy.
“Clean energy is still not even meeting the entirety of demand growth,” said Nick Wayth, chief executive of the London-based Energy Institute. “Arguably, the [energy] transition has not even started.”
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