Thursday, May 7, 2020

Five charts about the biggest carbon crash

We're living through the biggest carbon crash ever recorded.
No war, no recession, no previous pandemic has had such a dramatic impact on emissions of CO2 over the past century as Covid-19 has in a few short months.
Multiple sources indicate we are now living through an unrivalled drop in carbon output.
But even though we will see a massive fall this year, the concentrations of CO2 that are in the atmosphere and warming our planet won't stabilise until the world reaches net-zero.
Energy experts believe there will be a bounce back next year, but that, long term, the world will move to greener fuels.
But it may not be enough to keep temperatures down to safer levels.
"That downward slope will accelerate over time beyond peak fossil energy," said Erik Holm Reiso, from Rystad Energy.
"That doesn't chime with 1.5C, but maybe 1.8-1.9C degrees could be within reach and this situation right now could help achieve that, I think."

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