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Carbon Budget

Global Carbon Budget Will Be Spent In Nine Years At Current Rate

November 13, 2022 Olivia Rosane, EcoWatch. , , ,
The 2022 Global Carbon Budget report is out, and it shows that nations are still emitting beyond their means.  The report, which was released Friday amidst the COP27 UN climate conference in Sharm el-Sheikh, Egypt, found that there is now a 50 percent chance that we will burn past the 1.5 degree Celsius temperature goal in just nine years if greenhouse gas emissions continue at current levels. “This year we see yet another rise in global fossil CO2 emissions, when we need a rapid decline,” study leader Professor Pierre Friedlingstein of Exeter’s Global Systems Institute said in a statement emailed to EcoWatch. “There are some positive signs, but leaders meeting at COP27 will have to take meaningful action if we are to have any chance of limiting global warming close to 1.5°C.

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