The war in Ukraine is having a full impact on the ecological transition.
On the one hand, the year 2022 was marked by a record level of global carbon emissions (36.8 billion tonnes) and the temperature of the planet, up 1.5°C compared to 1850 - leading to a rise of 4°C by 2100 -, as well as by the multiplication of climatic disasters.
On the other hand, the energy crisis resulted in a revival of fossil fuel consumption, with a 1.6% increase in coal and 2.5% in gas and oil.
The sanctions against Russia have notably caused an acceleration in gas production, which is expected to increase by 0.6% per year by 2030, mobilizing more than 50 billion dollars of investment per year.
Simultaneously,
fossil demand subsidies have doubled to over $1 trillion.
In short, the conflict has become frontal between climate security and energy security and it has suddenly changed...
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