International Energy Agency forecasts carbon emissions to increase by less than 1% in 2022

Recently, the International Energy Agency (IEA) released a forecast that global carbon dioxide emissions will increase by less than 1%
in 2022 compared with last year.
The IEA believes that while energy supplies are tight and coal consumption is rising, the adoption of renewable energy and electric vehicles is making substantial progress, limiting the increase in carbon dioxide emissions
.

The IEA estimates that in 2022, CO2 emissions from the burning of fossil fuels as targets for emission reduction will reach about 33.
8 billion tons, an increase of 300 million tons
from the previous year.
In terms of growth factors, power generation and aviation are the drivers
.
After the conflict between Russia and Ukraine, global concerns about energy supplies have spread, supporting higher
coal demand.
Especially in Asia, the trend towards coal-fired power generation is expanding
.
In addition, travel demand, which has been sluggish due to the pandemic, has begun to pick up, and emissions from the aviation sector have also increased
.

In contrast, renewable energy and electric vehicles
contribute to emission reductions.
The IEA pointed out that countries are further promoting the popularization of renewable energy, and it is expected that the global photovoltaic power generation and wind power generation will increase by more than 700 TWh this year, which is expected to achieve the largest annual growth rate
ever.
The IEA believes that without the spread of renewable energy and electric vehicles, the increase in carbon dioxide emissions this year will be close to 1 billion tons
.