Something like this has not happened since the coronavirus pandemic.

A recent report indicates a projected 0.4% decrease in global CO2 emissions from fossil fuels this year, attributed to rising oil prices due to the Iranian conflict and increased renewable energy capacity. Joeri Rogelj from Imperial College London notes that while emissions growth is slowing, key climate targets may still be unmet. The report forecasts 38.2 billion tons of CO2 emissions from fossil fuels for the year. The decline is partly due to 40 countries reducing emissions while growing economically, including the US, UK, and EU nations. Despite the decrease in fossil fuel emissions, overall energy demand is rising, suggesting a potential increase in emissions without these reductions.