North America Drove Nearly Half of Global Emissions Growth in 2025

The 2026 Statistical Review of World Energy, released by the Energy Institute in partnership with Ember and in collaboration with KPMG and Kearney, reveals that North America accounted for nearly half of the global increase in carbon dioxide emissions in 2025. This annual report, previously published by BP for over 70 years, remains a key reference for understanding global energy trends. The finding underscores the region's significant contribution to climate change, driven by continued reliance on fossil fuels for power generation and industrial activity.

For energy traders, this data highlights the ongoing demand for oil, natural gas, and coal in North America, which supports prices for these commodities. The region's emissions growth suggests robust energy consumption, which can tighten supply-demand balances and influence fuel prices. Live fuel prices and charts on NowPrice show how markets are reacting to these macro trends, with crude oil and natural gas futures reflecting the persistent demand. Traders should monitor how this emissions data might affect regulatory policies, such as carbon pricing or emissions caps, which could alter production costs and fuel price dynamics.

Looking ahead, the full Statistical Review will provide detailed breakdowns for oil, natural gas, coal, renewables, and electricity. Key data points to watch include changes in U.S. natural gas production, Canadian oil sands output, and the pace of renewable energy adoption. These factors will shape North America's emissions trajectory and commodity markets in the coming years. Traders should also keep an eye on policy responses, such as potential carbon border adjustments or incentives for clean energy, which could shift investment flows and price trends.