IEA issues 'dire warning' on CO2 emissions as it predicts 5% rise

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Global CO2 emissions from energy are seen rising nearly 5% this year, suggesting the economic rebound from Covid-19 could be “anything but sustainable” for the climate, the International Energy Agency said on Tuesday.

The IEA's Global Energy Review 2021 predicted carbon dioxide emissions would rise to 33 billion tonnes this year, up 1.5 billion tonnes from 2020 levels in the largest single increase in more than a decade.

This year's rise will likely be driven by a resurgence in coal use in the power sector, Birol added, which the report forecast to be particularly strong in Asia. Global energy demand is set to increase by 4.6% in 2021, led by developing economies, pushing it above 2019 levels, the report said.

 

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