The Fort Worth Press - Fossil fuel CO2 emissions up slightly in 2022: IEA

USD -
AED 3.672504
AFN 64.499662
ALL 81.349681
AMD 368.601612
ANG 1.789884
AOA 917.999923
ARS 1395.32753
AUD 1.386789
AWG 1.8
AZN 1.709066
BAM 1.664922
BBD 2.017519
BDT 122.90693
BGN 1.668102
BHD 0.378325
BIF 2981.344252
BMD 1
BND 1.268148
BOB 6.921708
BRL 4.946297
BSD 1.001694
BTN 94.415643
BWP 13.412506
BYN 2.830826
BYR 19600
BZD 2.014625
CAD 1.36574
CDF 2315.999836
CHF 0.780215
CLF 0.022638
CLP 890.970338
CNY 6.80185
CNH 6.804973
COP 3739.68
CRC 459.54114
CUC 1
CUP 26.5
CVE 93.86572
CZK 20.717895
DJF 178.37594
DKK 6.368302
DOP 59.575193
DZD 132.081972
EGP 52.716803
ERN 15
ETB 156.416039
EUR 0.85222
FJD 2.1892
FKP 0.735472
GBP 0.737435
GEL 2.67948
GGP 0.735472
GHS 11.269164
GIP 0.735472
GMD 73.000265
GNF 8791.554931
GTQ 7.648696
GYD 209.575129
HKD 7.83315
HNL 26.609979
HRK 6.423201
HTG 131.198897
HUF 304.064499
IDR 17346.8
ILS 2.901355
IMP 0.735472
INR 94.260497
IQD 1310
IRR 1312899.999705
ISK 122.550027
JEP 0.735472
JMD 157.783169
JOD 0.708984
JPY 156.846009
KES 129.320233
KGS 87.420502
KHR 4018.030059
KMF 418.999658
KPW 900.010907
KRW 1460.901035
KWD 0.30794
KYD 0.834759
KZT 463.893216
LAK 21982.446732
LBP 89702.650016
LKR 322.556205
LRD 183.81558
LSL 16.369726
LTL 2.95274
LVL 0.60489
LYD 6.336032
MAD 9.142502
MDL 17.234041
MGA 4159.536883
MKD 52.566492
MMK 2099.841446
MNT 3580.445259
MOP 8.079611
MRU 40.080024
MUR 46.72044
MVR 15.455013
MWK 1742.000584
MXN 17.28395
MYR 3.950253
MZN 63.89906
NAD 16.369765
NGN 1360.099815
NIO 36.705007
NOK 9.297049
NPR 151.073086
NZD 1.68306
OMR 0.384502
PAB 1.001694
PEN 3.457501
PGK 4.359596
PHP 60.604995
PKR 279.114204
PLN 3.60622
PYG 6130.874854
QAR 3.642971
RON 4.485899
RSD 100.054997
RUB 74.651292
RWF 1468.60767
SAR 3.775297
SBD 8.032258
SCR 13.977646
SDG 600.495888
SEK 9.27567
SGD 1.269005
SHP 0.746601
SLE 24.599549
SLL 20969.496166
SOS 571.50184
SRD 37.430999
STD 20697.981008
STN 20.857277
SVC 8.764716
SYP 110.548305
SZL 16.369704
THB 32.269885
TJS 9.360949
TMT 3.51
TND 2.869502
TOP 2.40776
TRY 45.302695
TTD 6.77614
TWD 31.407096
TZS 2599.009829
UAH 43.865066
UGX 3746.456572
UYU 40.052438
UZS 12138.314988
VES 496.20906
VND 26310
VUV 118.093701
WST 2.711513
XAF 558.427617
XAG 0.012587
XAU 0.000212
XCD 2.70255
XCG 1.805297
XDR 0.694505
XOF 558.399094
XPF 101.522929
YER 238.59797
ZAR 16.45035
ZMK 9001.205819
ZMW 19.082156
ZWL 321.999592
  • RBGPF

    0.0000

    63.18

    0%

  • RYCEF

    -0.0500

    17.45

    -0.29%

  • NGG

    -1.9400

    85.91

    -2.26%

  • CMSD

    0.0000

    23.42

    0%

  • GSK

    -0.0300

    50.5

    -0.06%

  • BCE

    0.3400

    24.57

    +1.38%

  • AZN

    -2.4000

    182.52

    -1.31%

  • BCC

    -1.4800

    72.76

    -2.03%

  • CMSC

    -0.0400

    22.97

    -0.17%

  • RELX

    -1.5900

    34.16

    -4.65%

  • RIO

    -2.4000

    103.11

    -2.33%

  • JRI

    -0.0200

    13.15

    -0.15%

  • VOD

    -0.4400

    15.69

    -2.8%

  • BTI

    -1.4800

    58.08

    -2.55%

  • BP

    -0.8200

    43.81

    -1.87%

Fossil fuel CO2 emissions up slightly in 2022: IEA
Fossil fuel CO2 emissions up slightly in 2022: IEA / Photo: © AFP/File

Fossil fuel CO2 emissions up slightly in 2022: IEA

Global carbon dioxide emissions from fossil fuel combustion are expected to grow just one percent this year despite concerns over the impact of the energy crisis, the International Energy Agency said Wednesday, amid bumper growth for renewable energy.

Text size:

The IEA predicted that the CO2 emitted for energy by burning oil, gas and coal would stand at 33.8 billion tonnes in 2022, more than 300 million tonnes more than in 2021.

That increase was however far smaller than the 2-billion-tonne jump the world experienced last year as countries turned to fossil fuels to power their Covid-19 recoveries, it added.

The United Nations says greenhouse gas emissions must be halved by 2030 to keep the Paris Agreement temperature goals within reach -- effectively a drop of some eight percent each year this decade.

The energy crisis sparked by Russia's invasion of Ukraine propped up some coal demand this year due to hikes in natural gas prices, said the IEA.

But the relatively small increase in coal emissions had been offset by widespread deployment of renewable tech, including electric vehicles (EVs) -- and this had prevented a CO2 rise of some 1 billion tonnes in 2022.

"The encouraging news is that solar and wind are filling much of the gap, with the uptick in coal appearing to be relatively small and temporary," said IEA Executive Director Fatih Birol.

"This means that CO2 emissions are growing far less quickly this year than some people feared –- and that policy actions by governments are driving real structural changes in the energy economy."

The IEA analysis showed that solar photovoltaic and wind capacity grew by more than 700 terawatt-hours in 2022, the largest single year rise on record.

Birol said the trend is due to continue "thanks to the major clean energy policy plans that have advanced around the world in recent months".

Coal was expected to register the next largest increase due to high gas prices, rising 200 millions tones in terms of CO2, or around two percent year-on-year.

The IEA said emissions in Europe were likely to fall slightly this year and continue their downward trajectory with a spate of new renewable projects slated for next year.

In China, the world's largest polluter, emissions will stay largely flat in 2022, it said.

A.Maldonado--TFWP