Explained: how energy-related emissions in advanced economies fell to a 50-year low in 2023

Energy-related carbon dioxide (CO2) emissions in advanced economies fell to a 50-year low on the back of a clean energy boom in 2023, while energy-intensive economic growth pushed emissions up in China and India, according to the International Energy Agency’s annual update on global CO2 emissions. The report, published on Friday, found that global energy-related CO2 emissions hit a record high last year, driven partly by the heightened deployment of hydrocarbons in countries where droughts hampered hydropower production.

Mar 04, 2024