Tuesday, September 23, 2014

An Update of the Global Carbon Project is NOT Heart Warming

CO2 emissions from burning fossil fuel are projected to rise by 2.5 per cent in 2014 - 65 per cent above 1990 levels, the reference year for the Kyoto Protocol

China, the USA, the EU and India are the largest emitters – together accounting for 58 per cent of emissions.

China's CO2 emissions grew by 4.2 per cent in 2013, the USA's grew by 2.9 per cent, and India's emissions grew by 5.1 per cent.

The EU has decreased its emissions by 1.8 per cent, though it continues to export a third of its emissions to China and other producers through imported goods and services.

China's CO2 emissions per person overtook emissions in the EU for the first time in 2013. China's emissions are now larger than the US and EU combined. 16 per cent of China's emissions are for goods and services which are exported elsewhere.

Emissions in the UK decreased by 2.6 per cent in 2013 caused by a decline in the use of coal and gas. However the UK exports a third of its emissions by consuming goods and services which are produced elsewhere.

CO2 emissions are caused primarily by burning fossil fuels, as well as by cement production and deforestation. Deforestation accounts for 8 per cent of CO2 emissions.

Historical and future CO2 emissions must remain below a total 3,200 billion tonnes to be in with a 66 per cent chance of keeping climate change below 2°C. But two thirds (2,000 billion tonnes) of this quota have already been used.

If global emissions continue at their current rate, the remaining 1,200 billion tonnes will be used up in around 30 years – one generation.

Global emissions must reduce by more than 5 per cent each year over several decades to keep climate change below 2°C.

This emission quota implies that over half of proven fossil reserves might have to remain unused in the ground, unless new technologies to store carbon in the ground are developed and deployed in large quantities.

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