Summary: Atmospheric levels of carbon dioxide (CO2) continue to increase with no sign of the global economic slowdown in response to the spread of COVID-19. This is because the estimated reductions in CO2 emissions (around -11% globally during 2020) is too small a reduction to be noticed against a background of large natural variability. The reduction in economic activity would have to be 4 times larger than 11% to halt the rise in atmospheric CO2.
That relatively small 11% reduction also illustrates how dependent humanity is on energy, since the economic disruption is leading to U.S. unemployment rates not seen since the Great Depression of the 1930s. Everything that humans do requires access to abundant and affordable energy, and even the current economic downturn is not enough to substantially reduce global CO2 emissions.