Will global CO2 emissions decrease in 2024?
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Global energy-related CO2 emissions grew by 1.1% in 2023 (IEA), increasing 410 million tonnes (Mt) to reach a new record high of 37.4 billion tonnes (Gt).

Here is the graph for the past few years.

China alone grew around 565 Mt and some think it may be close to peak. Hence the world emissions outside of China decreased last year.

Check out the same market for 2025 below.

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What source do you plan to use for resolution? The IEA? Weirdly the IEA reports energy-related emissions of 37.4 GtCO2 where Carbon Monitor reports 35.8 GtCO2 without the caveat - although their methods doc says they're limited to burning fossil fuels and cement production, so I guess "energy-related" is slightly broader.

I was confused for a while on seeing the news that the UN GEP finds a 1.3% increase to 57.1 GtCO2e, before realising that "e" is important: The sources linked so far consider only CO2 but not other gases.

https://wedocs.unep.org/bitstream/handle/20.500.11822/46443/EGR2024_ESEN.pdf?sequence=14&isAllowed=y

@fwbt I'm planning on using IEA data since those are the references I used in the description. Ideally, they publish a new data point that continues the exact same series that I have used.

bought Ṁ10 YES

2023 may have been much closer to zero (+0.1% in this recent article), current market seems quite low

Europe Q1 is not looking bad either

https://www.energy-charts.info/charts/energy/chart.htm?l=en&c=EU&interval=quarter&quarter=1&year=-1 (still electricity)

Fossile down 17% yoy, now at 26% of total, the rest is up 8% with everyone contributing (hydro +19TWh, wind +13,, nuclear +6, solar +6).

This is just electricity demand but the drop in fossile fuel in the US is MASSIVE in March, especially coal.

via https://x.com/jdeely/status/1774930850557444171?s=20

To bet on 2025, here it is:

China does not look to be coming down just yet (elec up 11% in Jan-Feb), but let's wait until the end

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