CO2 emissions will hit record levels in 2023, IAEA says
(VOVWORLD) - A mere 2 per cent of pandemic recovery spending is going towards clean energy measures, and energy-related carbon emissions are likely to climb to record levels in 2023, the International Energy Agency has said.
 Emissions from the Ratcliffe-on-Soar power station in Nottinghamshire, England (Photo: PA)
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Governments have allocated 380 billion USD out of 16 trillion USD in pandemic support to clean energy, the IEA calculated in its latest report monitoring pandemic recovery plans worldwide, adding that under current spending plans, the planet’s carbon dioxide emissions are on course to hit record levels in 2023 and continue to grow in the ensuing years.