FILE PHOTO: Cars drive underneath the Mulholland Bridge on the 405 freeway in Los Angeles, California July 12, 2011. REUTERS/Jason Redmond/File Photo
LONDON (Reuters) - Global emissions from fuel consumption likely peaked last year, as power demand has fallen this year due to coronavirus pandemic-related restrictions, research by Bloomberg Energy Finance said on Tuesday.
In its New Energy Outlook report, BNEF said emissions from the energy sector have fallen by around 10% this year as a result of the COVID-19 pandemic. Even if they rise again with economic recovery, they will never reach 2019 levels again.
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