Economy Continues to Grow Despite Decrease in Emissions

carbon output

Economists used to measure progress using emission rates correlated to GDP, now that comparison is ridiculous. A few years ago we looked at how carbon output is shrinking while economies grow and that is continuing to be the case. Earlier this year it was predicted that the global economy will continue to see a separation of economic progress and an increase in carbon output. This year it looks like we have been able to stall carbon output again (so now I’m hoping it will start going down).

What makes the three-year trend most remarkable is the fact that the global economy grew at more than 3% per year during this time. Previously, falling emissions were driven by stagnant or shrinking economies, such as during the global financial crisis of 2008.

Developed countries, together, showed a strong declining trend in emissions, cutting them by 1.7% in 2015. This decline was despite emissions growth of 1.4% in the European Union after more than a decade of declining emissions.

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Putting CO2 Emissions on a Map

In the fight to curb CO2 emissions and hold back the rate of increasing climate change, researches have mapped out where the emissions are coming from. Unsurprisingly, they have found that where there is a lot of human activity there are more emissions. This will help convince naysayers and ignoramuses that humans are at fault for climate change and now we know the exact areas where we need to drastically cut emissions.

Using simulation results from 12 global climate models, Damon Matthews, a professor in Concordia’s Department of Geography, Planning and Environment, along with post-doctoral researcher Martin Leduc, produced a map that shows how the climate changes in response to cumulative carbon emissions around the world.

They found that temperature increases in most parts of the world respond linearly to cumulative emissions.

“This provides a simple and powerful link between total global emissions of carbon dioxide and local climate warming,” says Matthews. “This approach can be used to show how much human emissions are to blame for local changes.”

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Europe Meets 2020 Emissions Targets Early

Europe has already beat its 2020 gas emissions target and it’s only 2015! This is good news because we need to reduce our energy consumption and our global output of greenhouse gas emissions. This demonstrates to the rest of the world that not only is it economically feasible to reduce emissions it proves that it can be done quicker than climate change deniers claim.

A report by the EU’s environment agency on Tuesday said 2014 emissions were 23 percent lower than in 1990. The EU’s goal is to achieve 20 percent reductions by 2020, but the report said the bloc is headed for 24-25 percent cuts with current measures to fight climate change.

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China and US Agree to Cut Emissions

The world’s largest polluters have agreed that they have a problem and they need to stop it. The USA and China have come to terms with the fact that they are the worst polluters and have both decided to take action using various policy tools and joint cooperation. This is important for many reasons, for one not only does this mean the largest economies will become more efficient and less damaging to the plant. Another reason is that smaller economies (looking at you Australia and Canada) copy American policy, so hopefully the climate change denying government elsewhere will wake up and take action.

Better late than never.

According to the plan, the United States will reduce carbon emissions 26-28 percent below 2005 levels by 2025, nearly twice the existing target—without imposing new restrictions on power plants or vehicles.

Tuesday’s announcement is equally remarkable for China’s commitment. For the first time, China has set a date at which it expects its emissions will “peak,” or finally begin to taper downward: around 2030. China is currently the world’s biggest emitter of carbon pollution, largely because of its coal-dependent economy, and reining in emissions while continuing to grow has been the paramount challenge for China’s leaders

It involves a series of initiatives to be undertaken in partnership between the two countries, including:

  • Expanding funding for clean energy technology research at the US-China Clean Energy Research Center, a think tank Obama created in 2009 with Xi’s predecessor Hu Jintao.
  • Launching a large-scale pilot project in China to study carbon capture and sequestration.
  • A push to further limit the use of hydroflourocarbons, a potent greenhouse gas found in refrigerants.
  • A federal framework for cities in both countries to share experiences and best practices for low-carbon economic growth and adaptation to the impacts of climate change at the municipal level.
  • A call to boost trade in “green” goods, including energy efficiency technology and resilient infrastructure, kicked off by a tour of China next spring by Commerce Secretary Penny Pritzker and Energy Secretary Ernest Moniz.

Read more at Mother Jones.

USA Raises ‘Carbon Price’

Climate change is happening and it’s costing a lot of money to deal with. More floods, tornados, hurricanes, and other natural events are happening with greater frequency thanks to planetary temperature increase. The reason the planet’s temperature is increasing is thanks to the way previous generations have dealt with waste.

One such waste product comes in the form of exhaust from cars and other air pollution from various sources. This much is obvious, but very few countries have acted on this issue (in fact, Canada has gone out it’s way to stop action). In the USA, the Obama administration has quietly passed a new law that raises the cost of releasing pollutants into the air in the hopes it will help slow more climate change.

Buried in a little-noticed rule on microwave ovens is a change in the U.S. government’s accounting for carbon emissions that could have wide-ranging implications for everything from power plants to the Keystone XL pipeline.

The increase of the so-called social cost of carbon, to $38 a metric ton in 2015 from $23.80, adjusts the calculation the government uses to weigh costs and benefits of proposed regulations. The figure is meant to approximate losses from global warming such as flood damage and diminished crops.

Read more at Bloomberg.

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