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In 2020, greenhouse gas emissions in the United States will show the largest decline since World War II From Rhodium

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The following is the In 2020, greenhouse gas emissions in the United States will show the largest decline since World War II From Rhodium recommended by recordtrend.com. And this article belongs to the classification: Chinese economy.

According to foreign media reports, because of the new crown pandemic, greenhouse gas emissions in the United States fell below 1990 levels for the first time last year. According to a preliminary assessment by rhodium, a research institution, the total emission of the United States fell by more than 10% last year, the largest drop since World War II. Among them, the transportation industry has the largest reduction in emissions, which is nearly 15% lower than that in 2019. In addition, due to the decline in coal use, energy emissions also decreased significantly.

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It is understood that the widespread impact of covid-19 on the United States has caused more than 20 million people to be infected with the virus, which has killed more than 350000 people so far.

With the implementation of home orders, economic activity stagnated in March and April, which obviously had a significant impact on greenhouse gas emissions. On the transport side, restrictions on international and non essential travel have led to a sharp drop in fuel demand. In the peak period of the implementation of home-based measures, the demand for aviation fuel is 68% lower than that in 2019, and the demand for gasoline is 40%. With the relaxation of the travel ban late last year, both sectors rebounded, but aviation oil demand in December was still 35% lower than last year.

But when it comes to electricity consumption, the situation is much more complicated. Overall, electricity demand fell by only 2%, but emissions fell by more than 10%. “This is almost entirely due to the continued rapid decline in coal-fired power generation,” the report said

After decades of dominance, coal will become the third largest energy source in 2020 after natural gas and nuclear power. Renewable energy currently provides 18% of electricity, after coal, which accounts for 20% of the market, according to the report.

The report estimates that for the first time in 30 years, total U.S. emissions are below 1990 levels. The overall decline was 10.3%, but still dwarfed by the 6.3% impact of the 2009 great recession on the United States.

In the global climate negotiations, the United States uses 2005 as the benchmark. Compared with the level in 2005, emissions in 2020 will drop by 21.5%, exceeding the target set by the United States in the 2009 Copenhagen agreement. According to the Paris Agreement, the United States promised to reduce emissions by 26% – 28% from 2005, but the authors of the rhodium report cautioned against believing that the United States is now on track to achieve this goal.

China’s investment in Europe report 2016 (with download) China Meteorological Administration: China’s greenhouse gas bulletin 2013 greenhouse gas concentration continues to rise| 8-year review of McKinsey energy forecast: People’s Bank of China: questionnaire survey report on urban depositors in the first quarter of 2019 Ministry of Commerce: foreign investment absorption in the whole country in 2017 sharing opportunities: the impact of China International Import Expo on the commercial real estate market (with download) people’s Bank of China: China’s monetary policy implementation report in Q1 2018 (with download) China Bureau of Statistics: January August 2018 Profits of Industrial Enterprises above national scale increased by 16.2% Hurun: Tencent alimeituan, one of China’s top 500 private enterprises in 2020, ranked in the top three State Intellectual Property Office: China’s invention patent licensing data in 2020, Huawei ranked first and oppo ranked second Hurun China’s professional managers list: the largest number of people on the list of Ali department, 21 data news laboratory: Tencent ranked first among China’s top 500 in market value by the end of 2020

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