Carbon Dioxide Just Took an Ominous, Record-Breaking Jump
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 10 2024
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Source: Bloomberg
- Record High Carbon Dioxide Emissions: Global average carbon dioxide emissions have seen the largest jump, leading to record levels of climate-warming gases in the atmosphere.
- Unprecedented Rise in CO2 Levels: Earth has experienced its 11th consecutive month of rising CO2 levels, reaching a record 425.22 parts per million (ppm) in March.
- Factors Contributing to Rise: Multiple factors contribute to the record rise, including the El Niño climate pattern, reduced plant growth due to drought and heat, increased wildfire activity, and burning of fossil fuels.
- Impact of Fossil Fuel Burning: Fossil fuel burning is a major driver of the increase in CO2 emissions, with levels peaking at 36.8 billion metric tons, leading to various disasters like heatwaves, extreme rainfall, wildfires, and floods.
- Call for Rapid Emission Cuts: The world needs to urgently reduce emissions to mitigate the worsening impacts of climate change as CO2 levels are at historically high levels.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
