NewEnergyNews: New Energy Challenged By Global GHG Comeback

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    THINGS-TO-THINK-ABOUT WEDNESDAY, July 28:

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    Founding Editor Herman K. Trabish

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  • THINGS-TO-THINK-ABOUT WEDNESDAY, August 4:
  • ORIGINAL REPORTING: The Conundrum Of Controlling Rates With Rising Costs
  • The Fight For Tomorrow’s Grid Gets Bigger

    Friday, March 05, 2021

    New Energy Challenged By Global GHG Comeback

    After steep drop in early 2020, global carbon dioxide emissions have rebounded strongly

    2 March 2021 (International Energy Agency)

    “The Covid-19 crisis in 2020 triggered the largest annual drop in global energy-related carbon dioxide emissions since the Second World War…but the overall decline of about 6% masks wide variations depending on the region and the time of year…After hitting a low in April, global emissions rebounded strongly…[and] were 2%, or 60 million tonnes, higher in December 2020 than they were in the same month a year earlier.

    Major economies led the resurgence as a pick-up in economic activity pushed energy demand higher and significant policies measures to boost clean energy were lacking. Many economies are now seeing emissions climbing above pre-crisis levels…The 2020 trends underscore the challenge of curbing emissions while ensuring economic growth and energy security…Amid a growing number of pledges by countries and companies to reach net-zero emissions by mid-century, the rebound in emissions shows what is likely to happen if those ambitions are not met with rapid and tangible action…

    ...[China was the only major economy to grow in 2020 and after April its emissions] increased by 0.8%, or 75 million tonnes, from 2019 levels…In India, emissions rose above 2019 levels from September…Emissions in the United States fell by 10% in 2020…[But in December,] emissions were approaching the level seen in the same month in 2019…Global emissions plunged by almost 2 billion tonnes in 2020, the largest absolute decline in history…” click here for more

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