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IPFS News Link • Environment

Global fossil fuel use hits a new record level in 2023

• Joanne Nova

The Energy Institute released their annual "Statistical Review of World Energy".  Total energy used in the world went up by 2% showing no sign of slowing down. For the first time, more coal was used in India than Europe and North America combined, a trend that is unlikely to stop soon. Despite there being more EVs on Earth than ever before, oil consumption was up 2% to above 100 million barrels for the first time. China overtook the US as the country with the largest oil refining capacity in the world last year at 18.5 million bpd. But the US overtook Qatar as the largest exporter of LNG. And global man-made emissions of carbon dioxide exceeded 40 gigatons for the first time.

Imagine what a different place the world would be if we spent that money on something useful? Just a tenth of that might provide clean water and sanitation for the poorest of the poor and stop children dying of dysentery. Instead, wealthy nations build spinning totem poles — hoping they'll give us the perfect amount of rain 80 years from now.