• 3 minutes Nucelar Deal Is Dead? Iran Distances Itself Further From ND, Alarming Russia And France
  • 5 minutes Don Jr. Tweets name Ukraine Whistleblower, Eric Ciaramella. Worked for CIA during Obama Administration, Hold over to Trump National Security Counsel under Gen McCallister, more . . . .
  • 9 minutes Shale pioneer Chesepeak will file bankruptcy soon. FINALLY ! The consolidation begins
  • 12 minutes China's Blueprint For Global Power
  • 1 min Pioneer's Sheffield in Doghouse. Oil upset his bragging about Shale hurt prices. Now on campaign to lower expectations, prop up price.
  • 1 hour Tesla Launches Faster Third Generation Supercharger
  • 14 mins Passerby doused with flammable liquid and set on fire by peaceful protesters
  • 8 hours Who writes this stuff? "Crude Prices Swing Between Gains, Losses"
  • 10 hours EU has already lost the Trump vs. EU Trade War
  • 12 hours Joe Biden, his son Hunter Biden, Ukraine Oil & Gas exploration company Burisma, and 2020 U.S. election shenanigans
  • 13 hours Atty General Barr likely subpeona so called whistleblower and "leaker" Eric Ciaramella
  • 8 hours China's Renewables Boom Hits the Wall
  • 6 hours Climate Change Consensus Shifts in Wind, But Gas Is Still the Right Move
  • 16 hours Iran's Master Plan?
  • 15 hours Iran Finds New Oil Field With Over 50 Billion Barrels: Rouhani
  • 11 hours Does .001 of Atmosphere Control Earth's Climate?!

Breaking News:

Oil Rebounds On Surprise Crude Draw

The Most Important Data Point In U.S. Oil Markets

The Most Important Data Point In U.S. Oil Markets

Oil markets are always awash…

Why One Analyst Thinks Tesla's Stock Could Soar To $400

Why One Analyst Thinks Tesla's Stock Could Soar To $400

While many analysts remain skeptical…

China’s Carbon Emissions Surged 53.5% In 10-Years Time

Emissions

China’s greenhouse gas emissions jumped by 53.5 percent in the decade between 2005 and 2014, according to Chinese government figures that Beijing is obliged to report as a signatory to the United Nations Framework Convention on Climate Change.

hinese emissions hit 12.3 billion tons in 2014, which was a more than 50-percent surge compared to emissions in 2005, the figures, cited by Reuters, showed.

Carbon emissions data from China, the world’s largest greenhouse gas emission producer, is opaque, but the country has to regularly report data to the United Nations. China has previously reported carbon emission data for 2005 and 2010, Reuters says.

A study published in Nature Geoscience in July last year argued that China’s carbon dioxide (CO2) emissions peaked in 2013 at 9.53 gigatons and have declined in each of the following three years to 2016. According to the authors of the study, the slowing pace of Chinese economic growth has made it easier to cut emissions. The biggest drivers of the decrease in CO2 emissions between 2014 and 2016 were changes in China’s industrial structure and diminishing share of coal in energy consumption. The authors concluded that “the decline of Chinese emissions is structural and is likely to be sustained if the nascent industrial and energy system transitions continue.”

China has pledged that its total CO2 emissions would peak around 2030 and its carbon intensity would fall sharply by then. Last week, Chinese media reported that China is vowing to continue its efforts to fight climate change and boost energy saving and speed up emissions reduction.

As for the United States' carbon emissions, earlier this year, Dr. Fatih Birol, the Executive Director of the International Energy Agency (IEA), said the U.S. CO2 emissions reduction over the past decade has been the largest cut in emissions in the history of energy.

The IEA, however, has a stark warning to the world: last year global carbon emissions reached 33.1 gigatons, breaking their previous record even though the annual increase was relatively modest, at 1.7 percent.

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage

Leave a comment
  • Bill Simpson on July 16 2019 said:
    China is a perfect example of why the fight against global warming is useless. Carbon dioxide emissions will continue increasing until the fossil fuels begin to run out, leading to global economic collapse. It is inevitable now, because we have allowed ourselves to become overly dependent on fossil fuels for transportation and electricity generation. Trying to limit their use won't happen because developing countries won't agree to limit their development by using more expensive energy than fossil fuels. Nor could we do it, because trying to reduce their use now would cause an economic crash far worse than the Great Depression. There is too much debt everywhere, which would take down the entire financial system in a severe economic contraction caused by anything. The economic collapse from trying to significantly reduce fossil fuel use in transportation and electricity generation would soon starve billions of people, which would be far worse than global warming could ever be.
    So get used to the ice melting and sea level rise. It is a done deal. We can't go back in time and build thousands of nuclear power plants to replace coal, oil and natural gas.

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play