Experts have said that global efforts to slow a runaway climate catastrophe may have reached a critical milestone in the last year with the peak of global carbon emissions from energy use.
According to reports, a growing number of climate analysts believe that 2023 may be recorded as the year in which annual emissions reached a pinnacle before the global fossil fuel economy begins a terminal decline.
The milestone is considered a crucial tipping point in the race to drive emissions to net zero. But for many climate experts it’s an inflexion point that was due years ago and which, although encouraging, falls far short of the rapid reduction the world needs.
The world’s leading climate scientists have consistently warned that the buildup of carbon dioxide in the Earth’s atmosphere means that it is critical to drive down emissions before 2030 if leaders hope to keep global heating to a maximum of 1.5C above pre-industrialised levels.
The rate at which emissions would need to be reduced will require, most experts agree, global transformation on a scale not yet in the pipeline.
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“We can take a small pause to celebrate this tipping point,” said Dave Jones, a director at the climate thinktank Ember. “But in a way it’s worrying that we are still talking about when emissions might peak. The reality of the situation is that we need deep and fast reductions in emissions if we hope to stay within the vanishingly small budget for carbon which remains.”
Recall that earlier in the year, the International Energy Agency (IEA) raised hopes of an end to the fossil fuel era when it predicted for the first time that the consumption of oil, gas and coal would peak before 2030 and begin to fall as climate policies took effect.
“It’s not a question of ‘if’, it’s just a matter of ‘how soon’ – and the sooner the better for all of us,” said Fatih Birol, the head of the IEA.
To understand how the world may have already reached an end to rising global emissions, just two years after one of the steepest emissions hikes in history, it helps to look at the global electricity sector.
Story was adapted from the Guardian.