Following the easing of the restrictions related to the COVID-19 pandemic, carbon dioxide emissions in the world’s 20 richest countries have sharply rebounded and continues to grow, according to the latest report by The Climate Transparency. Its authors predict that global CO2 emissions among the G20 countries will increase by 4 percent this year. In 2020, it fell by 6 percent.
Some countries are even set to exceed pre-pandemic emissions. China, India and Argentina are to emit more carbon dioxide than in 2019.
Climate. Coal consumption will increase
The report’s authors note that the continued use of fossil fuels undermines efforts to limit the rise in global temperatures. With only two weeks to the start of the critical COP26 climate conference in Glasgow, negotiators face the difficult task of keeping global warming below 1.5 ° C.
This requires an ambitious climate policy, and – as the authors of the report emphasize – the current actions of the largest economies are definitely insufficient to maintain this goal. The G20 group is responsible for around 75 percent. global CO2 emissions. It decreased significantly during the pandemic restrictions. However, this year’s recovery of the global economy is already fueled by fossil fuels, especially coal.
Coal consumption in the richest economies in the world
According to a report compiled by 16 research organizations and groups conducting environmental campaigns, coal consumption in the G20 countries is expected to increase by 5% this year. China is expected to account for as much as 60 percent of this growth, although consumption of this raw material is also expected to increase significantly in the United States and India.
However, the report also pointed to some positive changes, including an increase in solar and wind energy production, which translated into record amounts of installed capacity in the G20 last year.
Renewable sources currently provide about 12 percent. energy in the richest countries compared to 10 percent. in 2020.
Main photo source: Shutterstock