The Prague Post - CO2 pollution from fossil fuels to hit all-time high in 2022

EUR -
AED 4.306273
AFN 77.383663
ALL 96.436312
AMD 447.301136
ANG 2.099207
AOA 1075.161802
ARS 1700.362176
AUD 1.773283
AWG 2.110459
AZN 1.990694
BAM 1.957582
BBD 2.362901
BDT 143.473659
BGN 1.956911
BHD 0.44205
BIF 3476.395101
BMD 1.172477
BND 1.514679
BOB 8.10669
BRL 6.474892
BSD 1.173193
BTN 105.848608
BWP 15.503575
BYN 3.442107
BYR 22980.554465
BZD 2.359538
CAD 1.615773
CDF 2654.488636
CHF 0.930965
CLF 0.02724
CLP 1068.607311
CNY 8.255705
CNH 8.247288
COP 4530.112147
CRC 584.544556
CUC 1.172477
CUP 31.070648
CVE 110.740403
CZK 24.353489
DJF 208.373063
DKK 7.47153
DOP 73.338506
DZD 152.075507
EGP 55.711664
ERN 17.587159
ETB 181.974686
FJD 2.687025
FKP 0.87569
GBP 0.876151
GEL 3.154102
GGP 0.87569
GHS 13.512803
GIP 0.87569
GMD 86.179501
GNF 10182.9649
GTQ 8.985371
GYD 245.452848
HKD 9.122119
HNL 30.695439
HRK 7.534694
HTG 153.653142
HUF 387.792754
IDR 19575.680476
ILS 3.762251
IMP 0.87569
INR 105.780958
IQD 1535.945222
IRR 49390.604928
ISK 148.024999
JEP 0.87569
JMD 187.714873
JOD 0.831253
JPY 182.450942
KES 151.131725
KGS 102.53368
KHR 4701.633502
KMF 493.612554
KPW 1055.222506
KRW 1730.764481
KWD 0.359834
KYD 0.97759
KZT 605.290977
LAK 25391.167702
LBP 104995.339736
LKR 362.980409
LRD 208.009094
LSL 19.621411
LTL 3.46202
LVL 0.70922
LYD 6.354679
MAD 10.757471
MDL 19.78501
MGA 5308.976711
MKD 61.575864
MMK 2462.269149
MNT 4159.48369
MOP 9.40312
MRU 46.617383
MUR 53.980847
MVR 18.126492
MWK 2037.766044
MXN 21.113972
MYR 4.788386
MZN 74.933015
NAD 19.62746
NGN 1709.330645
NIO 43.033988
NOK 11.913536
NPR 169.354158
NZD 2.030616
OMR 0.450719
PAB 1.173213
PEN 3.946589
PGK 4.982149
PHP 68.687224
PKR 328.58638
PLN 4.203801
PYG 7832.296492
QAR 4.269228
RON 5.090774
RSD 117.440326
RUB 93.706781
RWF 1702.436994
SAR 4.397752
SBD 9.544103
SCR 17.352346
SDG 705.247584
SEK 10.880841
SGD 1.512765
SHP 0.879662
SLE 28.25928
SLL 24586.26638
SOS 670.068055
SRD 45.349052
STD 24267.912238
STN 24.856518
SVC 10.265563
SYP 12965.682007
SZL 19.6274
THB 36.827995
TJS 10.834378
TMT 4.115395
TND 3.405454
TOP 2.823044
TRY 50.097258
TTD 7.96045
TWD 36.985761
TZS 2919.468831
UAH 49.551662
UGX 4190.904206
USD 1.172477
UYU 45.972828
UZS 14099.038756
VES 327.371366
VND 30865.464096
VUV 142.306971
WST 3.265015
XAF 656.554641
XAG 0.017948
XAU 0.000271
XCD 3.168678
XCG 2.114325
XDR 0.814801
XOF 654.241743
XPF 119.331742
YER 279.577104
ZAR 19.62289
ZMK 10553.699481
ZMW 26.69032
ZWL 377.537202
  • SCS

    0.0200

    16.14

    +0.12%

  • RBGPF

    -1.7900

    80.22

    -2.23%

  • CMSD

    0.0000

    23.28

    0%

  • CMSC

    0.0300

    23.29

    +0.13%

  • JRI

    0.0000

    13.43

    0%

  • RYCEF

    0.6300

    15.4

    +4.09%

  • BCC

    1.4100

    77.7

    +1.81%

  • NGG

    -0.7700

    76.39

    -1.01%

  • RIO

    0.4400

    77.63

    +0.57%

  • VOD

    -0.0100

    12.8

    -0.08%

  • RELX

    0.0900

    40.65

    +0.22%

  • BCE

    -0.3000

    22.85

    -1.31%

  • AZN

    0.7500

    90.61

    +0.83%

  • GSK

    -0.4200

    48.29

    -0.87%

  • BTI

    -0.1300

    57.04

    -0.23%

  • BP

    -1.1600

    33.31

    -3.48%

CO2 pollution from fossil fuels to hit all-time high in 2022
CO2 pollution from fossil fuels to hit all-time high in 2022 / Photo: Fida HUSSAIN - AFP/File

CO2 pollution from fossil fuels to hit all-time high in 2022

Carbon dioxide emissions from fossil fuels, the main driver of climate change, are on track to rise one percent in 2022 to reach an all-time high, scientists said Friday at the COP27 climate summit in Egypt.

Text size:

Emissions from oil, fuelled by the continuing rebound in aviation, will likely rise more than two percent compared to last year, while emissions from coal -- thought by some to have peaked in 2014 -- will hit a new record.

"Oil is more driven by the recovery from Covid, and coal and gas are more driven by events in Ukraine," Glen Peters, research director at CICERO climate research institute in Norway, told AFP.

Global CO2 emissions from all sources -- including deforestation and land use -- will top out at 40.6 billion tonnes, just below the record level in 2019, the first peer-reviewed projections for 2022 showed.

Despite the wild cards of pandemic recovery and an energy crisis provoked by war in Ukraine, the uptick in carbon pollution from burning oil, gas and coal is consistent with underlying trends, the data suggested.

And deeply worrying, said Peters, a co-author of the study.

"Emissions are now five percent above what they were when the Paris Agreement was signed" in 2015, he noted.

"You have to ask: When are they going to go down?"

- Carbon budget -

The new figures show just how dauntingly hard it will be to slash emissions fast enough to meet the Paris goal of capping global warming at 1.5 degrees Celsius above preindustrial levels.

Heating beyond that threshold, scientists warn, risks triggering dangerous tipping points in the climate system.

Barely 1.2C of warming to date has unleashed a crescendo of deadly and costly extreme weather, from heat waves and drought to flooding and tropical storms made more destructive by rising seas.

To achieve the ambitious Paris target, global greenhouse emissions must drop 45 percent by 2030, and be cut to net zero by mid-century, with any residual emissions compensated by removing CO2 from the atmosphere.

To be on track for a net-zero world, emissions would have to plummet by seven percent annually over the next eight years.

To put that in perspective: in 2020, with much of the world's economy on lock down, emissions fell by only six percent.

Over a longer time frame, the annual rise in CO2 from fossil fuel use has slowed, on average, to 0.5 percent per year over the last decade after climbing three percent annually from 2000 to 2010.

To have a 50/50 chance of staying under the 1.5C limit, humanity's emissions allowance is 380 billion tonnes of CO2, according to the study in Earth System Science Data, authored by more than 100 scientists.

On current emissions trends of 40 billion tonnes a year, that "carbon budget" would be used up in less than a decade.

For a two-thirds chance, the budget shrivels by a quarter and would be exhausted in seven years.

- 'Deeply depressing' -

In recent decades, scientists could usually draw a straight line between CO2 trends and the economy of China, which has been the world's top carbon polluter for about 15 years.

In 2022, however, China's CO2 output is set to drop by nearly one percent for the year, almost certainly reflecting an economic slowdown linked to Beijing's strict zero-covid policy.

Despite having to scramble for alternate sources of energy, including carbon-intensive coal, the European Union is on track to see its emissions fall by almost as much, 0.8 percent.

US emissions will likely go up by 1.5 percent, and India's by six percent.

The annual update also revealed that the ability of oceans, forests and soil to continue soaking up more than half of CO2 emissions has slowed.

"These 'sinks' are weaker than they would be if not for the impacts of a changing climate," said co-author Corinne Le Quere, a professor at the University of East Anglia.

Scientists not involved in the findings said they were grim.

"Global Carbon Budget for 2022 is deeply depressing," said Mark Maslin, a professor of Climatology at University College London.

"To have any chance of staying below the international agreed 1.5C global warming target we need to have large annual cuts in emissions -- which there is no sign of."

Q.Pilar--TPP