As the FT notes this morning:
Global carbon dioxide emissions rose to their highest levels last year after a surge in energy demand stoked by a strong economy and extreme weather, according to the world’s energy watchdog.
The Paris-based International Energy Agency said energy demand rose 2.3 per cent last year – its fastest rate since 2010 – and that the growth was met mainly by fossil fuels. That pushed global emissions of carbon dioxide to a record high of 33bn tonnes in 2018, up 1.7 per cent from the previous year.
And you wonder whether we need a Green New Deal?
Like heck we do.
But having spent much of yesterday discussing accounting for a Green New Deal I am under no illusions: this is going to be hard.