Global Carbon Emissions on the Rise Again Due to Coal Comeback
Spencer Dale, the BP's chief economist, told the Guardian that the globe's emissions rise was "slightly worrying" and a "pretty big backward step."
"It suggests to me we are not on a path to the Paris climate goals," he added.
The report, called the BP Statistical Review of World Energy, also pointed out that the world's fuel mix has "strikingly" not changed in the last 20 years.
"I am more worried by the lack of progress in the power sector over the past 20 years, than by the pickup in carbon emissions last year," Dale noted to the Guardian.
The report revealed that the increase in greenhouse gas emissions was driven by a 2.2 percent increase in global energy demand last year, as well as increased coal consumption for the first time in four years, led by growing demand in India and China.
"Together, China and India accounted for nearly half of the increase in global carbon emissions," a press release for the study stated. "EU emissions were also up (1.5 percent) with just Spain accounting for 44 percent of the increase in EU emissions."
In contrast, emissions declines were led by the U.S. (-0.5 percent)—the third year in a row that the nation's emissions declined, although the fall was the smallest over those three years. The UK and Denmark reported the lowest carbon emissions in their history.
While renewable power generation grew by 17 percent, with wind and solar driving much of that growth, the success of clean energy was clouded by the world's increased appetite for fossil fuels. Oil demand grew by 1.8 percent and natural gas consumption up 3 percent and production up 4 percent, BP found.
"2017 was a year where structural forces in the energy market continued to push forward the transition to a lower carbon economy, but where cyclical factors have reversed or slowed some of the gains from prior years," said Bob Dudley, BP group chief executive, in a statement. "These factors, combined with rising demand for energy, has resulted in a material increase in carbon emissions following three years of little or no growth."
"As we have said in our Energy Outlook, our Technology Outlook and now our Statistical Review, the power system must decarbonize," he said. "We continue to believe that gains in the power sector are the most efficient way to drive down carbon emissions in coming decades."