UPDATE: Global Carbon Emissions Trajectory Following our report yesterday on global carbon emissions reaching 37 gigatons, new data from the Global Carbon Project confirms we're tracking 2% above 2023 levels—meaning the brief post-pandemic emissions dip has fully reversed. At this trajectory, we'll exhaust the remaining carbon budget for 1.5°C warming (roughly 250 gigatons) in approximately 6-7 years without major policy shifts, making the gap between current pledges and physical climate limits increasingly difficult to bridge.