Fossil Fuel Transition Stalls as Global Emissions Reach Record High in 2024

Global carbon emissions are set to rise by 0.8% in 2024, according to new data revealed at the COP29 climate summit in Azerbaijan. This increase comes despite pledges made at COP28 to “transition away” from fossil fuels. Emissions need to fall by 43% by 2030 to meet the 1.5°C target and avoid worsening climate impacts.

While the rollout of renewables and electric vehicles has slowed emissions growth, the continued reliance on coal, oil, and gas underscores the challenge ahead. COP29 mobilises $1 trillion annually for developing nations to curb emissions, adapt to climate chaos, and improve livelihoods. It also aims to strengthen emissions-cutting pledges due in February as pressure mounts for decisive action. Sultan Al Jaber, COP28 president, reminded delegates, “History will judge us by our actions, not words.” Read More

News Credit: The Guardian

Picture Credit: Kamal Kishore/REUTERS

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