emissions

Overview: Global emissions climb as 1.5C window narrows The latest Global Carbon Budget warns that carbon dioxide from fossil fuels is poised to reach a fresh peak in 2025, and that the remaining CO2 allowance to keep warming below 1.5C is vanishing fast. Scientists say current levels of emissions make meeting the Paris Agreement’s most ambitious goal effectively out of reach without unprecedented rapid action. Fossil CO2 emissions are projected to be about 1.1% higher in 2025 than in 2024, despite rapid deployment of…

According to a fresh analysis unveiled during the COP29 climate conference in Baku, Azerbaijan, the international standing of Ireland in terms of climate performance has seen a marked improvement over the last year. This comprehensive study evaluated 63 nations, representing a staggering 90% of global greenhouse gas emissions. With a hefty leap of 14 spots, Ireland now sits in 29th place, marking its highest ranking to date. This achievement indicates that, for the first time, the Republic has now reached the status of a…

In Libya, the National Petroleum Company declared a state of force majeure following an interruption in production and exports at one of the most important oil terminals in the eastern country. This time it is not the consequence of furious battles or strikes, but the lack of budget that upsets the insurgents of the oil sites.…