Global CO2 Emissions Set to Fall 0.4 Percent in 2026
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MENAFNThe group’s annual report forecasts a 1.9% fall in oil-related emissions this year and a 0.3% dip in emissions from natural gas. Coal emissions, by contrast, are projected to climb 0.6%.
Several of the world’s largest economies are also expected to post declines. Fossil fuel emissions are forecast to shrink 1.5% in the EU, 1.3% in the US and 0.9% in China. India stands apart, with emissions projected to rise 4.4%.
According to the report, solar and wind power and electric vehicles are set to cover roughly two-thirds of the growth in global energy demand.
Researchers warned that the downturn should not be read as a lasting shift away from fossil fuels.
“A decline in fossil CO2 emissions is encouraging, but a reduction driven partly by geopolitical shocks is not a sustainable climate solution,” said Pierre Friedlingstein, who led the study.
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