Carbon emissions to soar in 2021 by second highest rate in history

Global economies forecast to pour stimulus money into fossil fuels as part of Covid recovery

Carbon dioxide emissions are forecast to jump this year by the second biggest annual rise in history, as global economies pour stimulus cash into fossil fuels in the recovery from the Covid-19 recession.

The leap will be second only to the massive rebound 10 years ago after the financial crisis, and will put climate hopes out of reach unless governments act quickly, the International Energy Agency has warned.