Global energy-related CO2 emissions grew by 1.1% in 2023 (IEA), increasing 410 million tonnes (Mt) to reach a new record high of 37.4 billion tonnes (Gt).
Here is the graph for the past few years.
China alone grew around 565 Mt and some think it may be close to peak. Hence the world emissions outside of China decreased last year.
Check out the same market for 2025 below.
🏅 Top traders
# | Name | Total profit |
---|---|---|
1 | Ṁ711 | |
2 | Ṁ654 | |
3 | Ṁ272 | |
4 | Ṁ121 | |
5 | Ṁ82 |
@figo
https://www.iea.org/reports/global-energy-review-2025/co2-emissions
Total energy-related CO2 emissions increased by 0.8% in 2024, hitting an all-time high of 37.8 Gt CO2
IEA posted its report for 2024 here: https://www.iea.org/reports/global-energy-review-2025/key-findings "Growth in energy-related carbon dioxide (CO2) emissions continues to decouple from global economic growth. Emissions growth slowed to 0.8% in 2024, while the global economy expanded by more than 3%."
“
The global increase of 300 million tonnes of CO2 was influenced by record high temperatures. If weather in 2024 had remained consistent with 2023, itself the second-hottest year on record, about half of the increase in global emissions would have been avoided.”
Unfortunately the trend is we are not going to get many relatively cool years ahead…
What source do you plan to use for resolution? The IEA? Weirdly the IEA reports energy-related emissions of 37.4 GtCO2 where Carbon Monitor reports 35.8 GtCO2 without the caveat - although their methods doc says they're limited to burning fossil fuels and cement production, so I guess "energy-related" is slightly broader.
I was confused for a while on seeing the news that the UN GEP finds a 1.3% increase to 57.1 GtCO2e, before realising that "e" is important: The sources linked so far consider only CO2 but not other gases.
https://wedocs.unep.org/bitstream/handle/20.500.11822/46443/EGR2024_ESEN.pdf?sequence=14&isAllowed=y
@fwbt I'm planning on using IEA data since those are the references I used in the description. Ideally, they publish a new data point that continues the exact same series that I have used.
2023 may have been much closer to zero (+0.1% in this recent article), current market seems quite low
Europe Q1 is not looking bad either
https://www.energy-charts.info/charts/energy/chart.htm?l=en&c=EU&interval=quarter&quarter=1&year=-1 (still electricity)
Fossile down 17% yoy, now at 26% of total, the rest is up 8% with everyone contributing (hydro +19TWh, wind +13,, nuclear +6, solar +6).
This is just electricity demand but the drop in fossile fuel in the US is MASSIVE in March, especially coal.
via https://x.com/jdeely/status/1774930850557444171?s=20

China does not look to be coming down just yet (elec up 11% in Jan-Feb), but let's wait until the end