ACES - Soaring carbon emissions on track to reverse 2020's sharp reduction - IEA

Global carbon emissions are on track to jump 4.8% this year, according to the IEA, marking the biggest annual gain since 2010's record-setting increase, when the world was bouncing back from the global economic crisis. A similar situation is occurring now. The coronavirus pandemic shut many of the world's largest economies, sending demand for CO2-emitting fuels into the dumpster, but recent economic reopenings are changing the energy landscape.Quote: "This is a dire warning that the economic recovery from the Covid crisis is currently anything but sustainable for our climate,” said Fatih Birol, executive director of the IEA. "Unless governments around the world move rapidly to start cutting emissions, we are likely to face an even worse situation in 2022."The report comes as policymakers are under pressure to deliver on promises made as part of the Paris Agreement. The latest report card from the United Nations showed that 75 signatories to

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Soaring carbon emissions on track to reverse 2020's sharp reduction - IEA