9,860.29 TRY BIST 100 BIST 100
38.05 USD USD USD
5.29 CNY CNY CNY
41.50 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
39.97 TRY Interest Interest
71.22 USD Fossil Oil Fossil Oil
33.82 USD Silver Silver
5.14 USD Copper Copper
100.82 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,726.09 TRY Gold (gr) Gold (gr)

Global carbon emissions approaching pre-pandemic levels

It is predicted that fossil fuel-based carbon emissions, which have fallen due to the restrictions applied against the new type of coronavirus (Kovid-19) epidemic, will start to increase again and approach the pre-epidemic level at the end of the year.

Global carbon emissions approaching pre-pandemic levels

The Global Carbon Budget report, prepared by the Global Carbon Project with researchers from the University of Exeter, the University of East Anglia, the CICERO Institute and Stanford University, was announced at the 26th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP26).
According to the report, carbon emissions from fossil fuels decreased by 5.4 percent compared to 2019, due to the restrictions applied last year due to the epidemic. Emissions from fossil fuels are predicted to increase by approximately 5 percent compared to last year and reach 36.4 billion tons at the end of this year, approaching the pre-epidemic level. , China's emissions are expected to increase by 5.5 percent over the same period.

It is calculated that India's carbon emissions will increase by 4.4 percent. China accounts for 31 percent of the world's fossil fuel carbon emissions, and the USA for 14 percent. The EU and India each have a 7 percent share in fossil fuel-based carbon emissions. Taken together, fossil-fuel-sourced carbon dioxide emissions are below the 2019 level. Forests have prevented 9.9 billion tons of carbon dioxide from being released into the atmosphere in 10 years. Net carbon dioxide emission resulting from the change in the use of land was 4.1 billion tons. As a result of deforestation and other land use changes, 14.1 billion tons of carbon dioxide gas was released into the atmosphere.

Emissions from deforestation and other land use changes have remained relatively stable over the past 20 years, according to the report. Emissions captured by forests and soil also increased during this period. This indicates that net emissions from changes in land use have recently decreased. Pierre Friedlingstein, in his evaluation of the report, stated that the rapid increase in emissions during the period when economies recovered from the effects of the epidemic showed the importance of the urgent need to take action against climate change on a global scale. Transferring Friedlingstein, "It seems that the investments made in the green economy in the economic recovery plans of some countries after the epidemic are insufficient on their own to prevent reaching the pre-epidemic emission level." made its assessment.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Airstrikes in Yemen burden the iron and steel market

Tuesday, March 18, 2025

Türkiye's automotive production decreased by 9% in February

Monday, March 17, 2025

Number of paid employees increased by 2.2% y/y in January

Friday, March 14, 2025

House sales in Türkiye increased by 20.1% y/y in February

Thursday, March 13, 2025

China announces emission reduction targets for steel industry

Thursday, March 13, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now