Global fossil fuel consumption and energy emissions hit all-time highs in 2023, even as fossil fuels' share of the global energy mix decreased slightly on the year, the industry's Statistical Review of World Energy report said on Thursday.
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Growing demand for fossil fuel despite the scaling up of renewables could be a sticking point for the transition to lower carbon energy as global temperature increases reach 1.5C (2.7F), the threshold beyond which scientists say impacts such as temperature rise, drought and flooding will become more extreme.
"We hope that this report will help governments, world leaders and analysts move forward, clear-eyed about the challenge that lies ahead," Romain Debarre of consultancy Kearney said.
Last year was the first full year of rerouted Russian energy flows away from the West following Moscow's invasion of Ukraine in 2022, and also the first full year without major movement restrictions linked to the COVID-19 pandemic.
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