that saw catastrophic extreme weather events across the globe — disasters that scientists say will increase in frequency and intensity if world leaders don’t take immediate action to phase out planet-warming fossil fuels.in May that there’s a 66% chance that, over the next five years, global temperatures will rise beyond 1.5°C of warming above pre-industrial levels for at least a year.
The report finds that global carbon dioxide emissions from the energy sector “remain worryingly high,” hitting a new record last year. Additionally, the report observes that fossil fuel demand and investments in supply have increased, “spurred by the energy crisis of 2022 after Russia’s invasion of Ukraine.”
If nations don’t rapidly scale up their climate ambitions, the IEA warned, keeping warming below 1.5°C by the end of the century would require “massive deployment” of“This report reaffirms a stark truth: To limit global temperature rise as agreed upon internationally, there’s no room for new oil, gas, or coal fields,” Kelly Trout, research director of, said in a statement Tuesday.
To ensure we stay out of the red by the end of the year, we have a long way to go. Our future is threatened.
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