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Pandemics lead to a 9.2% reduction in the economy’s greenhouse gases

According to an analysis by the energy research group Bloomberg NEF, the coronavirus pandemic has caused greenhouse gas emissions from US companies to plummet to their lowest levels in nearly 30 years.


What you need to know

  • According to an analysis by Bloomberg NEF, greenhouse gases produced by the economy are projected to decrease by 9.2% compared to last year.
  • Emissions of 5.9 billion metric tons are about the same level as seen in 1983, when the US economy was less than 40% of its current size.
  • However, wildfires on the West Coast and the Rocky Mountains offset some of the decline to 6.4%.
  • Emissions reductions unintentionally put the United States on track to meet the goals of the 2015 Paris Agreement, where President Trump deleted the country

According to the survey, greenhouse gases produced by the economy will decrease to 5.9 billion metric tons in 2020, a decrease of 9.2% compared to last year. This is about the same level as seen in 1983, when the US economy was less than 40% of its current size.

However, this is only part of the big picture. Analysis shows that wildfires that hit the West Coast and the Rocky Mountains this year released carbon dioxide and other pollutants into the atmosphere, which is expected to reduce overall U.S. emissions by only 6.4%. I will.

Emissions cuts unintentionally put the United States on track to meet the goals of the 2015 Paris Agreement, which President Donald Trump officially extracted the country earlier this month.

The agreement, in nearly 190 countries, aims to limit global average temperature rise to well below 3.6 degrees Fahrenheit (ideally below 2.7 degrees Fahrenheit) compared to pre-industrial levels. is. More ambitious of these goals will require a 7.6% reduction in greenhouse gas emissions each year between 2020 and 2030.

Without a pandemic, emissions would have been expected to be reduced by 1% in the United States, the analysis said.

Scientists say climbs above 3.6 ° cause irreversible damage to the Earth and promote more deadly and devastating heat waves, storms and pollution.

According to Bloomberg NEF analysts, life expectancy is expected to return to near normal in 2021 and emissions may increase again, but the impact of the residual economic turmoil will be compared to 2019. It can mean a 5% reduction.

The US government, businesses, and residents must act to save the planet, tweeted Thomas Laurans Reese, co-author of the study and head of North American analysis.

“On the other hand, the 9% decline in a year is enormous, but there is still a long way to go to address climate issues.” Rowlands-Rees tweeted..

According to the survey, the 11% year-on-year decrease in the electricity sector is entirely due to the increase in gas and the departure from coal, the generation of renewable energy and the improvement of efficiency, as well as the decrease in consumption related to pandemics. It is said that there is. According to Bloomberg NEF, the sector has been declining for the past 12 years.

The biggest reduction in emissions was due to the transportation sector, which was down 14% from 2019. This is mainly due to the sharp drop in air travel and car travel as more Americans work from home.

Presidential election Joe Biden said he plans to re-enter the Paris Agreement shortly after taking office. He also campaigned with a promise to lead the United States on the path to achieving net zero emissions by 2050.



Pandemics lead to a 9.2% reduction in the economy’s greenhouse gases

Source link Pandemics lead to a 9.2% reduction in the economy’s greenhouse gases

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