{"id":27194,"date":"2022-11-11T10:35:29","date_gmt":"2022-11-11T10:35:29","guid":{"rendered":"https:\/\/www.innovationnewsnetwork.com\/?p=27194"},"modified":"2022-11-11T10:35:29","modified_gmt":"2022-11-11T10:35:29","slug":"global-co2-emissions-remain-record-levels","status":"publish","type":"post","link":"https:\/\/www.innovationnewsnetwork.com\/global-co2-emissions-remain-record-levels\/27194\/","title":{"rendered":"Global CO2 emissions remain at record levels"},"content":{"rendered":"
The Global Carbon Project science team has reported that global CO2<\/sub> emissions in 2022 remain at record levels. If this level of emissions continues, there will be a 50% chance that global warming of 1.5\u00b0C will be exceeded in nine years.<\/p>\n The new report, put together by a research team from the University of Exeter, the University of East Anglia (UEA), CICERO, and Ludwig-Maximilian-University Munich, projected total global CO2<\/sub> emissions of 40.6 billion tonnes (GtCO2<\/sub>) in 2022. Fossil CO2<\/sub> emissions are the largest contributor to this and are expected to rise 1% compared to 2021, reaching 36.6 GtCO2<\/sub> \u2013 slightly above the 2019 pre-COVID-19 levels.<\/p>\n Oil is the largest contributor to total emissions growth and has projected CO2<\/sub> emissions above 2021 levels. This growth can be contributed to the delayed rebound of international aviation following COVID-19 pandemic restrictions.<\/p>\n For major emitters, China and the EU\u2019s emissions are projected to fall by 0.9% and 0.8% respectively, but the US and India have seen an increase of 1.5% and 6%. Overall, there has been a 1.7% rise in CO2<\/sub> emissions in the rest of the world combined.<\/p>\n For a 50% likelihood to limit global warming to 1.5\u00b0C, the remaining carbon budget has reduced to 380 GtCO2<\/sub> (exceeded after nine years if emissions remain at 2022 levels) and 1,230 GtCO2<\/sub> to limit to 2\u00b0C (30 years at 2022 emissions levels).<\/p>\n Now, a decrease of approximately 1.4 GtCO2<\/sub> each year is needed to reach zero CO2<\/sub> emissions by 2050 \u2013 a reduction comparable to the fall in 2020 emissions caused by the COVID-19 lockdowns. This highlights the scale of the action required.<\/p>\n Half of the world\u2019s CO2<\/sub> emissions are absorbed and stored by land and oceans. These CO2<\/sub> sinks are still increasing in response to the atmospheric CO2<\/sub> rise, although climate change reduced this growth, by an estimated 4% (ocean sink) and 17% (land sink), over the 2012-2021 decade.<\/p>\nAn outlook on global CO2<\/sub> emissions for 2022<\/h3>\n