Global carbon emissions from electric power may peak this year, report says
(The Guardian, 5 Oct 2023) Thinktank says rapid growth of wind and solar is near rate required if world is to hit 2030 target as part of 1.5C pathway.
Carbon emissions from the global electricity sector may peak this year, after plateauing in the first half of 2023, because of a surge in wind and solar power, according to a climate thinktank.
A new report on global electricity generation found that the growth of renewables was so rapid that it was close to the incredibly fast rate required if the world is to hit the tripling of capacity by the end of the decade that experts believe is necessary to stay on the 1.5C pathway.
It also noted that there had been only a slight increase in emissions in the first six months of the year, compared with the same period a year before.
The findings suggest the world may be close to reaching the peak of the global power sector’s carbon emissions, and they could soon even begin to fall in line with global climate targets.