Global Fossil Fuel Consumption Hits Record High

Global greenhouse gas emissions from primary energy consumption hit a record high in 2023 despite a surge in renewable energy generation, as global energy demand continued to rise. Fossil fuel use reached new highs, with coal, oil, and gas making up 81.5% of the primary energy mix, although renewables, including wind and solar, accounted for a significant portion of new electricity generation. Emissions topped 40 gigatons of CO2 equivalent, driven by increased oil consumption and energy demand. While some regions showed signs of fossil fuel demand peaking, developing economies continued to rely on fossil fuels, posing challenges for climate goals. The report underscores the ongoing struggle to transition to lower carbon energy sources amidst rising global energy consumption and emissions.