Statistical review highlights scale of energy transition challenge as emissions continue to rise

Global emissions from energy grew 1% to a record 40.8 Gt of carbon dioxide equivalent (CO2e) in 2024 as total energy demand rose 2% to a new high of 592 exajoules (EJ), the latest ‘Statistical Review of World Energy’ shows. Produced for the second time by the Energy Institute, in collaboration with Kearney and KPMG, the review marked its seventy-fourth edition, having been produced until 2023 by energy group BP.