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Fossil fuel pollution is set to rise to 37.4 billion metric tons this year, an increase of 0.8% from 2023, areport found. Global emissions from coal, oil and gas are all projected to increase.

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“The impacts of climate change are becoming increasingly dramatic, yet we still see no sign that burning of fossil fuels has peaked,” said Pierre Friedlingstein, a climate professor at the University of Exeter, who led the study, published Tuesday by the Global Carbon Project, a consortium of scientists.

Best Stocks for Value Investors Best Stocks For Traders ✌️【Risk Control】✌️ Free stock selection services backed by expert predictions. Our advanced analytics and real-time market data will help you stay ahead of the competition and make smart, profitable investment decisions. While fossil fuels make up the bulk of planet-heating pollution, the other main source is land-use change, including deforestation. Those emissions are also set to go up in 2024, according to the report, exacerbated by this year’s severe droughts and fires.

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Best Stocks for Value Investors Best Stocks For Traders ✌️【Risk Control】✌️ Gain access to professional investment advice, free market trend analysis, and real-time stock market data. Make informed decisions and unlock the full potential of your investments with expert predictions and guidance. There was some more positive news: emissions are set to decline in the US and Europe, and China’s emissions are slowing, and could even see a decline this year, the research projected. But that progress is offset by increases in much of the rest of the world, including India.

Best Stocks for Value Investors Best Stocks For Traders ✌️【Risk Control】✌️ Precise AI-powered predictions and market insights to guide your stock selection. Use real-time market data, futures trends, and stock indices to make strategic investment decisions for long-term profitability. Total global climate pollution will reach41.6 billion metric tons this year, up from 40.6 billion metric tons last year, according to the report.

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Best Stocks for Value Investors Best Stocks For Traders ✌️【Risk Control】✌️ Free stock market strategies and analysis based on real-time data, empowering you to choose profitable investment options and avoid risks. Our expert predictions will help you stay in tune with the latest market trends. A UN report published in October said global carbon emissionswere slowly plateauingand had raised the possibility they could fall this year.

Fossil fuel pollution needs to roughly halve over this decade to keep global warminglower than 1.5 degrees Celsius, a threshold countries have pledged to try to stay below in the Paris climate agreement.

Climate change is already having catastrophic impacts. But scientists warn that at 1.5 degrees, it begins to exceed the ability of humans and the natural world to adapt — including potentially triggeringdevastating climate tipping points.

Humanity has already lived through12-month periods above this critical climate limitbut scientists are more concerned about longer timeframes. Tuesday’s study estimates that at current rates of emissions, there is a 50% chance the world will breach 1.5 degrees consistently in about sixyears.

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“Time is running out,” Friedlingstein said, adding, “world leaders meeting at COP29 must bring about rapid and deep cuts to fossil fuel emissions.”

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