The International Energy Agency (IEA) has detailed in two new reports that a rise in the deployment of solar, wind and electric vehicles (EV) has helped soften the increase of carbon (CO2) emissions across 2023.
In its newly published Clean Energy Market Monitor and CO2 Emissions Report studies, the reports showcase how the rise in both renewable and electrification across the globe has culminated in a slower increase of CO2 emissions compared to 2022.
The IEA declared that emissions increased by 410 million tonnes, or 1.1%, in 2023, compared with a rise of 490 million tonnes the year before. Despite a significant rise in renewable generation having entered the market across 2023, rather alarmingly, CO2 emissions have reached a record level of 37.4 billion. You can see how emissions have changed over the years in the graph below.
Read more: Current+
