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Fossil fuel pollution is set to rise to 37.4 billion metric tons this year, an increase of 0.8% from 2023, areport found. Global emissions from coal, oil and gas are all projected to increase.

trust fintech limited (trust) expands into new market ✌️【Freelance】✌️ Expert predictions with real-time stock trend analysis to help you quickly select high-potential stocks and grow capital. The news comes as global leaders gather at the COP29 UN climate summit in Baku, Azerbaijan — talks which have beenovershadowed by anxietyover what a new Trump administration will mean for global climate action. The urgency is clear, however, this year is“virtually certain”to be the hottest on record, and has seenback-to-back hurricanes,catastrophic flooding,devastating typhoonsandsevere drought.

“The impacts of climate change are becoming increasingly dramatic, yet we still see no sign that burning of fossil fuels has peaked,” said Pierre Friedlingstein, a climate professor at the University of Exeter, who led the study, published Tuesday by the Global Carbon Project, a consortium of scientists.

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trust fintech limited (trust) expands into new market ✌️【Freelance】✌️ Free stock selection services backed by expert predictions. Our advanced analytics and real-time market data will help you stay ahead of the competition and make smart, profitable investment decisions. There was some more positive news: emissions are set to decline in the US and Europe, and China’s emissions are slowing, and could even see a decline this year, the research projected. But that progress is offset by increases in much of the rest of the world, including India.

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Fossil fuel pollution needs to roughly halve over this decade to keep global warminglower than 1.5 degrees Celsius, a threshold countries have pledged to try to stay below in the Paris climate agreement.

Climate change is already having catastrophic impacts. But scientists warn that at 1.5 degrees, it begins to exceed the ability of humans and the natural world to adapt — including potentially triggeringdevastating climate tipping points.

Humanity has already lived through12-month periods above this critical climate limitbut scientists are more concerned about longer timeframes. Tuesday’s study estimates that at current rates of emissions, there is a 50% chance the world will breach 1.5 degrees consistently in about sixyears.

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“Time is running out,” Friedlingstein said, adding, “world leaders meeting at COP29 must bring about rapid and deep cuts to fossil fuel emissions.”

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