>> The bad news is that energy-related emissions rose in 2023. But the good news is that continued expansion of clean energy technologies meant that global energy-related emissions rose less strongly than in 2022, even as total energy demand growth accelerated.
>> Emissions increased by 410 million tonnes, or 1.1%, in 2023 – compared with a rise of 490 million tonnes the year before – taking them to a record level of 37.4 billion tonnes.
>> An exceptional shortfall in hydropower due to extreme droughts in the US, China, and several other economies resulted in over 40% of the rise in emissions in 2023 as countries turned largely to fossil fuels to plug the gap. Had it not been for the unusually low hydropower output, global emissions from electricity generation would have declined in 2023, making the overall rise in energy-related emissions significantly smaller.
It's impressive that the world (admittedly, driven by advanced economies) is getting a place of increasing our global energy production while decreasing emissions.