Why Global Emissions Bounced Back In 2021

Why Global Emissions Bounced Back In 2021

OilPrice.com

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Greenhouse gas emissions are up worldwide despite big promises for carbon-cutting and a transition to renewables. Optimism around the drop in emissions throughout 2020, mainly owing to pandemic restrictions and a change in lifestyle, as well as enthusiasm around international action coming out of COP26, was perhaps misguided. While many governments and energy companies around the world have carbon-reduction and net-zero ambitions, we can expect to see high levels of carbon emissions until low-carbon energy becomes more widely available. Emissions…

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