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Global CO2 emissions to rise again, climate goals at risk, scientists say

By Kate Abnett SHARM EL SHEIKH, Egypt (Reuters) - Global carbon dioxide emissions from burning fossil fuels are on track to rise around 1% this year, scientists said on Friday,...
Global CO2 emissions to rise again, climate goals at risk, scientists say © Reuters. FILE PHOTO: A woman takes a selfie in front of a wall lit with the sign of COP27, as the COP27 climate summit takes place, at the Green Zone in Sharm el-Sheikh, Egypt November 10, 2022. REUTERS/Mohamed Abd El Ghany/File Photo
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By Kate Abnett

SHARM EL SHEIKH, Egypt (Reuters) - Global carbon dioxide emissions from burning fossil fuels are on track to rise around 1% this year, scientists said on Friday, warning this would make it harder for the world to avoid disastrous levels of climate change.

Released during the United Nations COP27 climate summit, the Global Carbon Budget report laid bare the gap between the promises governments, companies and investors have made to cut planet-warming emissions in future years, and their actions today - which cause emissions to keep rising.

Countries are expected to emit a total 41 billion tonnes of CO2 in 2022, said the report by more than 100 scientists, with 37 billion tonnes from burning fossil fuels and 4 billion tonnes from uses of land like deforestation.

This year's increase was driven by higher oil use in transport - paticularly aviation - as economies continued to reopen from lockdowns during the COVID-19 pandemic.

Emissions from burning coal increased, as countries have turned to the most-polluting fossil fuel after Russia restricted natural gas supplies to Europe after its Feburary invasion of Ukrane, which sent global gas prices soaring.

CO2 output from China, the world's biggest polluter, fell by 0.9% as COVID-19 lockdowns persisted. European emissions also decreased slightly.

Emissions rose by 1.5% in the United States and jumped by 6% in India, the world's second and fourth-biggest emitters, respectively.

The U.N. climate science panel has said global greenhouse gases must decrease 43% by 2030 to limit global warming to 1.5C and avoid its most severe impacts.

The COVID-19 pandemic caused a record drop in global CO2 emissions in 2020, but emissions are now back up to slightly above pre-COVID-19 levels.

It is difficult to predict emissions in coming years due to uncertainties around countries' longer-term response to the pandemic and Russian gas crunch, for example, whether they keep burning coal, or instead invest heavily in clean energy.

"It's complicated," said the report's lead author Pierre Friedlingstein, climate scientist at the University of Exeter. "We can't say for sure yet that emissions from China are declining in the long run... the return to use of coal in Europe, let's hope it's temporary."

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01-05-2024 10:45:17 (UTC+7)

EUR/USD

1.0658

-0.0008 (-0.07%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (3)

EUR/USD

1.0658

-0.0008 (-0.07%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (3)

GBP/USD

1.2475

-0.0015 (-0.12%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (10)

USD/JPY

157.91

+0.12 (+0.07%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

AUD/USD

0.6469

-0.0003 (-0.05%)

Summary

Neutral

Moving Avg:

Buy (10)

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Indicators:

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USD/CAD

1.3780

+0.0003 (+0.03%)

Summary

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EUR/JPY

168.32

+0.10 (+0.06%)

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EUR/CHF

0.9808

+0.0001 (+0.01%)

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Gold Futures

2,295.80

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Silver Futures

26.677

+0.023 (+0.09%)

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Copper Futures

4.5305

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Crude Oil WTI Futures

81.14

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Brent Oil Futures

85.62

-0.71 (-0.82%)

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Natural Gas Futures

1.946

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US Coffee C Futures

213.73

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Euro Stoxx 50

4,920.55

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S&P 500

5,035.69

-80.48 (-1.57%)

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DAX

17,921.95

-196.37 (-1.08%)

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FTSE 100

8,144.13

-2.90 (-0.04%)

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Hang Seng

17,763.03

+16.12 (+0.09%)

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Sell (12)

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Buy (1)

Sell (6)

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1,973.05

-42.98 (-2.13%)

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Moving Avg:

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Buy (0)

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IBEX 35

10,854.40

-246.40 (-2.22%)

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Neutral

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49.155

+0.100 (+0.20%)

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27.35

-0.24 (-0.87%)

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Allianz SE VNA O.N.

266.60

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Adidas AG

226.40

-5.90 (-2.54%)

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Deutsche Lufthansa AG

6.714

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Summary

Neutral

Moving Avg:

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Siemens AG Class N

175.90

-1.74 (-0.98%)

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Deutsche Bank AG

15.010

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Summary

Neutral

Moving Avg:

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Indicators:

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    EUR/USD 1.0658 ↑ Sell  
    GBP/USD 1.2475 ↑ Sell  
    USD/JPY 157.91 ↑ Buy  
    AUD/USD 0.6469 Neutral  
    USD/CAD 1.3780 ↑ Buy  
    EUR/JPY 168.32 ↑ Buy  
    EUR/CHF 0.9808 Neutral  
    Gold 2,295.80 ↑ Sell  
    Silver 26.677 ↑ Sell  
    Copper 4.5305 ↑ Buy  
    Crude Oil WTI 81.14 ↑ Sell  
    Brent Oil 85.62 ↑ Sell  
    Natural Gas 1.946 ↑ Sell  
    US Coffee C 213.73 ↑ Sell  
    Euro Stoxx 50 4,920.55 ↑ Sell  
    S&P 500 5,035.69 ↑ Sell  
    DAX 17,921.95 ↑ Sell  
    FTSE 100 8,144.13 Sell  
    Hang Seng 17,763.03 ↑ Sell  
    Small Cap 2000 1,973.05 ↑ Sell  
    IBEX 35 10,854.40 Neutral  
    BASF 49.155 ↑ Sell  
    Bayer 27.35 ↑ Sell  
    Allianz 266.60 ↑ Sell  
    Adidas 226.40 ↑ Sell  
    Lufthansa 6.714 Neutral  
    Siemens AG 175.90 ↑ Sell  
    Deutsche Bank AG 15.010 Neutral  
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# So hôm qua # Chênh TG
SJC Eximbank8,300/ 8,500
(8,300/ 8,500) # 1,298
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SJC 1c, 2c, 5c7,380/ 7,550
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$2,285.72 -47.5 -2.04%
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Sản phẩm Vùng 1 Vùng 2
RON 95-V25.44025.940
RON 95-III24.91025.400
E5 RON 92-II23.91024.380
DO 0.05S20.71021.120
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Dầu hỏa 2-K20.68021.090
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Ngoại tệMua vàoBán ra
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EUR26.475,3627.949,19
GBP30.873,5232.211,36
JPY156,74166,02
KRW15,9219,31
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