China accounted for 95 per cent of the world’s new coal power construction activity in 2023, according to the latest annual report from Global Energy Monitor (GEM).
Last month, Germany became the first major economy to announce that it intends to introduce a target to reach “net-negative” emissions later this century.
Burning all the oil and gas from new discoveries and newly approved projects since 2021 would emit at least 14.1 billion tonnes of carbon dioxide (GtCO2), according to Carbon Brief analysis of Global Energy Monitor (GEM) data.