Carbon dioxide emissions from fossil fuels inched higher in 2024 and are estimated to set a record, further jeopardizing the planet’s prospect of meeting a key goal set by the 2015 Paris Agreement to limit global warming, according to an annual report that tracks emissions.

There is a 50% chance that global warming will consistently exceed 1.5 degrees Celsius in the next six years, according to a new report.

Despite increased investment in renewable energy, global carbon emissions from fossil fuels have hit an all-time high in 2024, rising by 0.8%, according to a new study. The only periods in recent history when emissions have declined were during major global crises like the 2008 financial meltdown or the COVID-19 pandemic.