Energy

IEA warns Covid recovery anything but sustainable

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LONDON — Energy-related carbon emissions are on track to surge by nearly 5% this year, according to the International Energy Agency, reversing most of last year’s decline caused by the coronavirus pandemic.

In the IEA’s Global Energy Review 2021, published Tuesday, the group said global energy-related CO2 emissions were on course to rise to 33 billion metric tons this year, up 1.5 billion metric tons from 2020 levels.

It would reflect the single largest increase in emissions since 2010 and the second-largest increase in history.

“This is a dire warning that the economic recovery from the Covid crisis is currently anything but sustainable for our climate,” Fatih Birol, executive director…



Source cnbc.com

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