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The World May Have Hit Peak Carbon Emissions
Previous periods of decline were temporary and have occurred during economic slowdowns, notably in 2009 after the global financial crisis.
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Even if China’s coal demand keeps falling, its growing demand for oil and gas are likely to continue driving overall carbon dioxide emissions upward, although more slowly than before, Wang Tao, a researcher on energy and climate change issues at the Carnegie-Tsinghua Center for Global Policy in Beijing, said in an interview.
According to Slate, “Corinne Le Quéré, the scientist at the University of East Anglia who led the data analysis, was clear that the data aren’t yet solid enough to signify a peak with confidence”. “This is because energy needs for growing economies still rely primarily on coal, and emissions decreases in some industrial countries are still modest at best”, Le Quere said, in the statement.
China’s emissions growth is predicted to decline by four per cent this year, however the nation’s coal use remained the largest uncertainty for global emissions into the future.
As world leaders meet at the United Nations climate change talks in Paris in an attempt to cap and then cull our collective greenhouse gas output, it appears we might have achieved the first step.
“It could begin to look like a peak in emissions after Paris if the agreement is very strong”.
And Bloomberg’s Climatescope 2015 report showed that South Africa was the fourth top investor in renewable energy after China, Brazil and Chile.
Greenhouse gas emissions, blamed for global warming, are heading downward, a new report says.
Today’s stunning news from Paris: Global CO2 emissions growth has halted in the last two years, while GDP growth continues. The study, led by William Kolby Smith, a Luc Hoffman Institute postdoctoral fellow working with IonE’s Global Landscapes Initiative and the Natural Capital Project, found that global plant growth has indeed increased over the past 30 years, but not as much as expected given the change in atmospheric Carbon dioxide concentrations.
“The trend of rapid global emissions growth has been broken”, said Michael Grubb at University College London.
Globally, based on data from June to October, the authors estimate emissions will decline by.
“The hope is we’re on a new trajectory now – the (emissions) growth will be slow and we’ll see peak emissions within a decade or two”, Jackson said.
“But we’re starting to see the first signals of a slowing trend in the growth”, he told The Straits Times from Canberra, Australia.
In the first 10 months of this year, China’s coal production fell 3.6percent compared to the same time last year, a state planning official, Liang Weiliang, said this month.
The fall-off is due to reduced coal use in China, as well as faster uptake of renewables, the scientists involved in the assessment add.
“Reaching zero emissions will require long-term commitments from countries attending the climate meeting in Paris this week and beyond”, Jackson added.
On Monday, U.N. Secretary-General Ban Ki-moon reminded the more than 150 diplomats that the decisions they make this week will “reverberate down through the ages”.
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In the report published in Nature Climate Change, the authors highlight solar and wind power as particular successes, with the amount of wind power installed in 2014 the same as the entire world capacity a decade ago. China, turned rapidly in recent years and renewable energy photovoltaic power generation together with the U.S. and European Union takes place in the front row.