The comprehensive research team involved institutions worldwide, including the University of Exeter, the University of East Anglia (UEA), CICERO Center for International Climate Research, Ludwig-Maximilian-University Munich, and 90 other collaborating institutions.
How much time remains until we surpass global warming of 1.5°C?
With current emission rates, the Global Carbon Budget team projects a 50% likelihood that global warming will consistently surpass 1.5°C within approximately seven years.
The annually updated Global Carbon Project report, crafted by an international consortium of over 120 scientists, stands as a peer-reviewed document that builds upon established methodologies in a fully transparent manner. In addition to this crucial projection, the 2023 Global Carbon Budget presents other key findings:
Regional trends vary dramatically. Emissions are projected to increase in India (8.2%) and China (4.0%), and decline in the EU (-7.4%), the USA (-3.0%) and the rest of the world (-0.4%).
Global emissions from coal (1.1%), oil (1.5%) and gas (0.5%) are all projected to increase.
Atmospheric CO2 levels are projected to average 419.3 parts per million in 2023, 51% above pre-industrial levels.
About half of all CO2 emitted continues to be absorbed by land and ocean “sinks,” with the rest remaining in the atmosphere where it causes climate change.
Global CO2 emissions from fires in 2023 have been larger than the average (based on satellite records since 2003) due to an extreme wildfire season in Canada, where emissions were six to eight times higher than average.
Current levels of technology-based Carbon Dioxide Removal (ie excluding nature-based means such as reforestation) amount to about 0.01 million tonnes CO2, more than a million times smaller than current fossil CO2 emissions.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- PlatoData.Network Vertical Generative Ai. Empower Yourself. Access Here.
- PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
- PlatoESG. Carbon, CleanTech, Energy, Environment, Solar, Waste Management. Access Here.
- PlatoHealth. Biotech and Clinical Trials Intelligence. Access Here.
- Source: https://climatetrade.com/its-time-to-move-on-from-fossil-fuels-what-was-their-impact-in-2023/
- :where
- 01
- 1
- 120
- 2%
- 2023
- 8
- 90
- a
- About
- above
- absorbed
- addition
- All
- amount
- an
- and
- Annually
- approximately
- ARE
- AS
- Atmosphere
- average
- based
- BE
- been
- budget
- builds
- by
- Canada
- carbon
- carbon dioxide
- causes
- Center
- change
- China
- Cicero
- Climate
- Climate change
- co2
- co2 emissions
- Coal
- collaborating
- comprehensive
- consistently
- consortium
- continues
- crafted
- crucial
- Current
- Decline
- document
- dramatically
- due
- East
- emission
- Emissions
- established
- EU
- excluding
- Exeter
- extreme
- findings
- fires
- For
- fossil
- from
- fully
- GAS
- Global
- global warming
- Half
- Have
- higher
- HTTPS
- ie
- Impact
- in
- Including
- Increase
- india
- institutions
- International
- involved
- IT
- jpg
- Key
- Land
- larger
- levels
- likelihood
- manner
- means
- methodologies
- million
- more
- move
- much
- Munich
- ocean
- of
- Oil
- on
- Other
- over
- parts
- peer-reviewed
- per
- plato
- Plato Data Intelligence
- PlatoData
- presents
- project
- projected
- Projection
- projects
- Rates
- records
- remaining
- remains
- removal
- report
- research
- REST
- s
- satellite
- scientists
- Season
- seven
- since
- SIX
- smaller
- stands
- such
- surpass
- team
- than
- that
- The
- the world
- their
- this
- time
- times
- to
- transparent
- Trends
- university
- until
- updated
- upon
- USA
- was
- we
- were
- will
- with
- within
- world
- worldwide
- years
- zephyrnet
