CO2 From Energy Production Held Steady In 2019: IEA

Global energy-related CO2 emissions flattened last year to 33 billion tonnes: Energy agency

Global energy-related emissions of heat-trapping carbon dioxide remained steady previous year, with declines in the advanced economies balancing out a rise in the rest of the world, latest data has shown.

In fact, the International Energy Agency (IEA) found that the USA decrease in emissions was the largest total of any country, at 140 million tons.

In 2019, drops in emissions in advanced economies were largely the result of shifts in the energy sector, with expanding use of renewable energies like wind and solar, which don't emit greenhouse gases.

Chaired by IEA Executive Director Fatih Birol, he highlighted maximum global carbon emissions by the energy sector and its key role in global energy transitions.

Other scenarios in AEO2020 show the impacts of variables such as economic activity, oil prices, renewable energy technology costs, and oil and natural gas resource estimates on US energy-related Carbon dioxide emissions projections. From 2025 to 2050, electric power sector Carbon dioxide emissions remain relatively constant as the more economically viable coal power plants stay in service.

Milder weather in several countries and slower economic growth in some emerging markets also contributed, the agency said.

The IEA report went on to note that in developing nations emissions increased, with "almost 80% of the increase coming from Asia", and that China and India were two of the main contributors to emissions growth.

European Union emissions fell by 160 million tonnes or 5 per cent last year from a year earlier due to more use of natural gas and wind power in electricity generation. US-related emissions dropped by 2.9% or 140 million tonnes within this period.

The report also details that the decreasing emissions had mostly occurred because of so-called "advanced economies". Across advanced economies, emissions from the power sector declined to the lowest levels since the late 1980s, when electricity demand was one-third lower than today.

Pompeo articulated that the USA would move forward with efforts to curb emissions while also growing the economy, a promise that the administration appears to have kept in 2019, with the economy growing 2.3% over the year.

Emissions in the rest of the world grew by close to 400 million tonnes in 2019, with nearly 80% of the increase coming from countries in Asia where coal-fired power generation continued to rise. This calls for a grand coalition that brings together all the stakeholders that have a genuine commitment to reducing emissions - governments, industry, financial institutions, global organizations and civil society.

He emphasized that the initiative would make coal plants smaller and more efficient, and also look for alternative uses for the fossil fuel which was once a livelihood to millions of families throughout coal country, but is now becoming a much smaller part of the US energy sector.



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