Energy-Related Emissions Hit a Record High Last Year Despite Renewables Surge

Despite a decline in fossil fuel use in developed economies, global energy-related emissions rose last year to another record-high level as coal use rose in major developing markets hit by low hydropower generation, the latest emissions report by the International Energy Agency IEA showed on Friday. Global energy-related carbon dioxide CO2 emissions grew by 1.1% in 2023, or by 410 million tons, to reach a new record high of 37.4 billion tons, the IEA said in its CO2 Emissions in 2023 report.

Last year, major developing markets such as China and India relied even more heavily on coal power generation as hydroelectric production slumped amid lower-than-normal rainfalls that reduced water levels on the biggest rivers and depleted hydro reservoirs. Lower hydropower output and its replacement with coal drove up emissions by around 170 million tons last year, according to the agency’s estimates.

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