- Aug 07, 2023, 5:00 PM CDT
Addressing global emissions requires collaboration with Asia's fast-growing nations, innovative technologies to bypass traditional fossil fuel dependence, and strategies to balance economic growth with environmental responsibility.For the past 70 years, BP has annually published the Statistical Review of World Energy.
While renewable power expanded at record rates, fossil fuels maintained an 82% share of total primary energy consumption. Natural gas and coal demand stayed nearly flat with oil rebounding close to pre-pandemic levels.that carbon dioxide emissions had experienced “the fastest growth rate in nearly 50 years.” I further noted “Emissions were only 0.8% short of the all-time high set in 2018.
Meanwhile, developing countries continue rapidly increasing fossil fuel use and carbon pollution as economies expand. The Asia Pacific region, in particular, has seen explosive growth in carbon emissions over the past 50+ years.Developing non-OECD nations have seen explosive growth in carbon emissions for two key reasons.
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