Emissions and economic growth decoupled

Emissions and economic growth decoupled

Today, you can breath a little easier, literally.

As long as there has been economic growth, there has been an increase in emissions. Today, the International Energy Agency (IEA) released an analysis of preliminary data for 2015 stating that Global energy-related carbon dioxide emissions (CO2) – the largest source of man-made greenhouse gas emissions – stayed flat for the second year in a row.

In a press release sent today, the IEA reported, “Global emissions of carbon dioxide stood at 32.1 billion tonnes in 2015, having remained essentially flat since 2013. The IEA preliminary data suggest that electricity generated by renewables played a critical role, having accounted for around 90% of new electricity generation in 2015; wind alone produced more than half of new electricity generation. In parallel, the global economy continued to grow by more than 3%, offering further evidence that the link between economic growth and emissions growth is weakening.

In the more than 40 years in which the IEA has been providing information on CO2emissions, there have been only four periods in which emissions stood still or fell compared to the previous year. Three of those – the early 1980s, 1992 and 2009 – were associated with global economic weakness. But the recent stall in emissions comes amid economic expansion: according to the International Monetary Fund, global GDP grew by 3.4% in 2014 and 3.1% in 2015.

The two largest emitters, China and the United States, both registered a decline in energy-related CO2 in 2015. In China, emissions declined by 1.5%, as coal use dropped for the second year in a row. The economic restructuring towards less energy-intensive industries and the government’s efforts to decarbonise electricity generation pushed coal use down. In 2015, coal generated less than 70% of Chinese electricity, ten percentage points less than four years ago (in 2011). Over the same period low-carbon sources jumped from 19% to 28%, with hydro and wind accounting for most of the increase. In the United States, emissions declined by 2%, as a large switch from coal to natural gas use in electricity generation took place.

The decline observed in the two major emitters was offset by increasing emissions in most other Asian developing economies and the Middle East, and also a moderate increase in Europe.”

About the Author:

Lou Ann Hammond is the CEO of Carlist and Driving the Nation. She is the co-host of Real Wheels Washington Post carchat every Friday morning and is the Automotive, energy correspondent for The John Batchelor Show and a Contributor to Automotive Electronics magazine headquartered in Korea. Hammond is a member of the North American Car and Truck of the Year (NACTOY), Women's World Car of the Year (WWCOTY), and the Concept Car of the Year.