Fossil fuel use, emissions hit record highs in 2023, industry report says
Al Jazeera
Renewables’ share of global energy consumption reaches nearly 15 percent, an all-time high.
Global fossil fuel consumption and greenhouse gas emissions hit record highs last year, even as renewables generated more energy than ever before, an industry report has found.
Fossil fuel consumption rose 1.5 percent compared with 2022, while emissions increased 2.1 percent, the Statistical Review of World Energy report showed on Thursday.
At the same time, renewables’ share of energy consumption hit 14.6 percent, up 0.4 percent from the previous year.
Nick Wayth, CEO of the Energy Institute, said that while demand for fossil fuels is peaking in advanced economies, economic development and improvements in quality of life in emerging economies continue to drive fossil growth.
“The progress of the transition is slow, but the big picture masks diverse energy stories playing out across different geographies,” Wayth said in a foreword to the report.
