Around 60 countries have updated their climate plans since the world agreed to transition away from fossil fuels at COP two years ago, but none of them included targets to cut oil and gas production.

Global fossil fuel emissions are projected to rise in 2025 to a new all-time high, with all sources—coal, gas, and oil—contributing to the increase.

The world as we know it has evolved through the transformation of natural elements repurposed for our daily lives. Among these elements, carbon and carbon dioxide (CO2) hold a significant place, embodying both challenges and opportunities for companies.

The report projects the industry will produce 2.5 billion metric tons of greenhouse gases by 2030. That is three times more than what would have been emitted without the emergence of generative artificial intelligence — as Big Tech firms are ...

Global emissions tied to fossil-fuel use are rising at a time when the planet’s natural carbon sinks are starting to absorb less CO2.