Report Finds Global Fossil CO2 Emissions Dip 0.4% in 2026

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The Global Carbon Budget report projects global fossil fuel CO2 emissions to fall 0.4% in 2026, Euronews reports. Oil emissions are down 1.9% and gas emissions are down 0.3%, while coal emissions are up 0.6%. Researchers say a geopolitical energy shock partly drives the drop, alongside faster growth in renewables, and say emissions have not yet peaked. The report covers figures by fuel and country and what scientists say comes next.  Disclosure: This video contains stock footage and content created or enhanced using AI-assisted tools.

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00:00Global fossil fuel emissions are set to fall this year, but scientists are not celebrating

00:05the 2026 global carbon budget. Fossil CO2 emissions are projected to fall 0.4 percent,

00:12oil is down 1.9 percent, and natural gas is down 0.3 percent. Coal is up 0.6 percent.

00:18Last year,

00:19fossil emissions hit an all-time high, rising 1.1 percent. By country, the EU is down 1.5 percent,

00:27and the U.S. is down 1.3 percent. Japan is down 1 percent, and China is down 0.9

00:32percent.

00:33India is up 4.4 percent. So why the drop? The report says it is partly driven by a geopolitical

00:40energy shock and trade disruption, alongside faster renewables expansion. Lead author Pierre

00:46Friedlingstein says a cut driven by geopolitical shocks is not a sustainable climate solution.

00:51Another researcher, Glenn Peters, says one year of falling emissions is not a peak unless

00:56structural change drives it. Including land use, total CO2 is still projected to rise to 43.3

01:03billion tons. The remaining carbon budget for 1.5 degrees is about 150 billion tons. That is less

01:10than four years of emissions at the current rate. Disclosure. This video contains stock footage

01:15and content created or enhanced using AI-assisted tools.

01:18you

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