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Is ‘net zero’ even possible?
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MacroBusiness
The 2026 Statistical Review of World Energy, considered the gold standard in keeping track of what powers the world, was released last month and revealed that:Oil consumption hit a record high.
Natural gas consumption hit a record high.
Coal consumption hit a record high.
Fossil fuels accounted for 86% of world energy supplied, with only 8.6% delivered by the combination of wind, solar, biofuels, and hydroelectricity.
Carbon emissions from the consumption of fossil fuels hit a record high.