Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » Global energy-related CO2 emissions hit record high in 2022 – IEA

    Global energy-related CO2 emissions hit record high in 2022 – IEA

    March 2, 2023
    Share
    Facebook Twitter LinkedIn WhatsApp
    *A view of the Weisweiler coal power plant of German utility RWE in Weisweiler Germany, January 17, 2023. REUTERS/Wolfgang Rattay

    London — Global energy-related emissions of carbon dioxide hit a record high last year, although more clean technology such as solar power and electric vehicles helped limit the impact of increased coal and oil use, the International Energy Agency (IEA) said on Thursday.

    Deep cuts in emissions, mainly from burning fossil fuels, will be needed over the coming years if targets to limit a global rise in temperatures and prevent runaway climate change are to be met, scientists have said.

    “We still see emissions growing from fossil fuels, hindering efforts to meet the world’s climate targets,” IEA Executive Director Fatih Birol said in a release alongside the report.

    The report by the Paris-based watchdog comes just weeks after major fossil fuel producers such as Chevron (CVX.N), Exxon Mobil (XOM.N) and Shell (SHEL.L) reported record profits, with BP BP.L also rowing back on plans to slash oil and gas output and reduce emissions.

    “International and national fossil fuel companies are making record revenues and need to take their share of responsibility,” Birol said.

    Global emissions from energy rose by 0.9% in 2022 to a record 36.8 billion tonnes, the IEA analysis showed.

    Carbon dioxide (CO2) emissions from coal grew by 1.6% last year with many countries turning to the more polluting fuel after Russia’s invasion of Ukraine and a reduction in Russian gas supply to Europe sparked record high gas prices.

    CO2 emissions from oil rose by 2.5% but remained below pre-pandemic levels the report said.

    Around half of the increase in oil-related emissions was due to a rise in air travel which was rebounding from a low during the pandemic.

    Lower output from nuclear power plants and extreme weather events including heatwaves also contributed to the increase in energy related emissions, the IEA said.

    Emissions were partly offset, however, by a rise in renewable power sources like wind and solar, energy efficiency measures and electric vehicles. These avoided an additional 550 million tonnes of CO2 emissions last year, the IEA said.

    *Susanna Twidale; Editing: Toby Chopra – Reuters

    Follow us on twitter

    Related News

    ADNOC Gas takes FID and awards $5b contracts for RGD project

    ‘Shell’s decision on Phase 2 of LNG Canada will depend on other opportunities’

    Nigeria loses N710bn to gas flaring in four months

    E-book
    Resilience Exhibition

    Latest News

    China, Africa ask US to return to ‘right track’ on trade differences

    June 11, 2025

    Glencore halted some cobalt deliveries over Congo export ban

    June 11, 2025

    Cross River targets revenue, investment boost with nine new laws

    June 11, 2025

    Nigeria says divestment paying off as oil output rises

    June 11, 2025

    Navy destroys illegal oil storage pits in Delta creeks

    June 11, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.