: A surge in coal and oil emissions was expected with Russia’s war and a COVID recovery — here’s what actually happened

by | Oct 20, 2022 | Stock Market

Global carbon dioxide emissions from the burning of coal, oil and natural gas will be held to an increase under 1% this year, an outcome that many observers deemed impossible as the globe struggled to get its hands on old and new energy sources after Russia invaded Ukraine. The prediction for a 2022 increase that is a fraction of the recovery jump logged last year when the economy escaped from the worst of the COVID-19 shutdown comes from the International Energy Agency, a global watchdog of the industry, in a release Wednesday.

IEA says the greatly reduced emissions can be chalked up to stronger expan …

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