Explained:How CO2 emission trend reflects India slowdown

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News:The Global Carbon Budget 2019 has been released for the year 2019.

Facts:

About Global Carbon Project:

  • The Global Carbon Project is a Global Research Project of Future Earth and a research partner of the World Climate Research Programme.It was established in 2001.
  • The project seeks to work with the international science community to establish a common and mutually agreed knowledge base to support policy debate and action to slow down and ultimately stop the increase of greenhouse gases in the atmosphere.
  • The project publishes two reports namely the Global Carbon Budget and Global Carbon Atlas.

Key takeaways from the report:

  • In 2018,the global carbon dioxide emissions were dominated by emissions from China (28%), the USA (15%), the EU ( 9%) and India (7%).
  • About 40% of global carbon dioxide emissions were attributable to coal use, 34% from oil, 20% from natural gas, and the remaining 6% from cement production and other sources.
  • The growth in global carbon dioxide emissions is likely to come down to just 0.6% in 2019 when compared to about 2% in 2018.
  • The slowdown can be attributed to declines in coal use in the U.S. and much of Europe and lower-than-expected growth from other key coal consumers this year.

Report on India:

  • The report has said that India’s emissions in 2019 was likely to be only 1.8% higher than in 2018.This is significantly lower than the 8% growth that India showed in 2018.
  • The lower growth in CO2 emissions is due to slowdown in Economic growth which has been consistently weakening leading to reduction in activities that cause emissions.