The world sets new record for fossil fuel use in 2023

Despite the rise of renewable energy, global fossil fuel consumption hit a record high last year, pushing CO2 emissions to more than 40 gigatonnes.

Jillian Ambrose reports for The Guardian.

In short:

The world’s fossil fuel use increased by 1.5% in 2023, reaching 505 exajoules.
Developing countries, especially India, are driving this rise, with fossil fuels making up 89% of India's energy use.
Renewable energy sources like wind and solar also saw growth, but not enough to offset overall energy demand.

Key quote:

"In a year where we have seen the contribution of renewables reaching a new record high, ever increasing global energy demand means the share coming from fossil fuels has remained virtually unchanged at just over 80% for yet another year."

— Simon Virley, UK head of energy and natural resources at KPMG

Why this matters:

Rising fossil fuel use worsens climate change, increasing global CO2 emissions. Despite advancements in renewable energy, the slow transition away from fossil fuels endangers environmental and public health.

www.theguardian.com

The world sets new record for fossil fuel use in 2023

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