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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Should l Buy ?
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.
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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.
