According to data released by the International Energy Agency (IEA), Global energy-related CO2 emissions declined by 5.8% or 2 Billion Tonnes in 2020 due to the Pandemic. It is the largest annual percentage decline since World War II.
- More than 50% of the total global drop in CO2 emissions in 2020 was due to the decline in CO2 emissions from oil use in the Transport & aviation sectors.
- The Primary energy demand also fell by nearly 4% in 2020.
Emissions from World’s Largest CO2 emitters
- China recorded an increase in emissions for the year 2020, emissions increased by 0.8% or 75 million tonnes.
- In India (World’s 3rd Largest CO2 emitter after China, USA), annual emissions declined by 7% (or 160 Metric tons of Carbon Dioxide (Mt CO2)) in 2020.
- In the USA the emissions decreased by 10% in 2020.
Other notable declines
- In the power sector, CO2 emissions declined by 3.3% (or 450 Mt CO2) in 2020 which is the largest fall on record.
- The emissions from transport fell by 14% in 2020 compared to 2019 levels.
Increase in Growth of Renewables generation
- The growth of renewables generation was also one of the key reasons for the fall of CO2 emissions.
- The share of Global electricity generation increased from 27% in 2019 to 29 in 2020, the biggest annual increase on record.
Declining demand for Fossil Fuels
- The demand for Oil declined by 8.6% & coal dropped by 4%.
- The Oil’s annual decline was its largest ever. Global emissions from oil use fell by 11,400 Mt CO2 in 2019 to 11,100 Mt Co2 in 2020.
- Low-carbon fuels & technologies like Solar PV and wind reached their highest ever annual share of the global energy mix increasing it by more than one percentage point to over 20%.
Recent Related News:
i.According to the 1st Ever ‘Electricity Market Report’ 2020 produced by International Energy Agency (IEA), the Global electricity demand is expected to fall by 2% due to Pandemic.
About International Energy Agency (IEA):
Executive Director – Dr Fatih Birol
Established in – 1974
Headquarters – Paris, France