The Global Carbon Project, an international collaboration of scientists, estimates that worldwide carbon dioxide emissions from burning fossil fuels will rise 1.1% this year over 2022, to 36.8 billion metric tons. That’s a new peak and 1.4% higher than the level in 2019, prior to the Covid-19 pandemic.
The planet is on track to exceed its carbon budget for 1.5C of warming around 2030, and the budget for 1.7C in 15 years, according to the group’s Global Carbon Budget annual report, released as talks continue at the COP28 climate conference in Dubai.
The 2023 estimate marks a slowdown in emissions’ upward tr