China’s carbon emissions soar to record highs

Has been updated:
May 22, 2021 20:00 IST

Beijing [China]May 22 (ANI): China’s carbon emissions hit a record high in the first quarter of 2021 compared to the previous year, growing 14.5% while the world is fighting the COVID-19 pandemic. Reached. According to Energy and Clean Air Research Center (CREA).
The report released on Thursday said, “The country’s CO2 emissions Fossil fuel and cement production increased by 14.5 percent in the first quarter of 2021 compared to the previous year, “CNN reported.
Lauri Myllyvirta, lead analyst at CREA, said it has the fastest growth rate in over a decade. Emissions also increased by 9% compared to the first quarter of 2019 before the pandemic.
As a result, China’s emissions generated nearly 12 billion metric tons of CO2 during the year to March 2021, a record high.
“The spike in CO2 reflects the recovery from the coronavirus blockade in early 2020, but also the post-Covid economic recovery that has been dominated by the growth of construction, steel and cement.” CNN quoted Myllyvirta’s words.

Recent data from carbon monitors also show an increase in carbon emissions in CO2 emissions According to trackers, the country’s emissions in the first quarter increased by 21% year-on-year, making it the fastest of the world’s major emitters.
This was after China’s President Xi Jinping vowed to make his country carbon-neutral by 2060 last year. The 2060 goal has always been an ambitious goal for the world’s largest carbon emitters. But if China relies on fossil fuel-driven projects for recovery, it will also be difficult to reduce its impact on the climate and achieve a greener economy, the report said.
CREA’s chief analyst said China’s construction activities led to increased coal use. This accounted for about 70% of the increase in emissions in the first quarter. He said the rest was due to growing demand for oil and natural gas.
According to Myllyvirta, about 60% of the increase in coal usage came from the electricity sector. The next two major contributors were the metal and building materials sector, where activity is increasing due to the demand for real estate projects.
“But emission reduction plans only work if the current expansion of steel demand for construction slows,” he added, “this is at the heart of China’s macroeconomic policy.”
“If CO2 continues to rise at its current rate until the end of 2021 (an increase of about 9% annually from 2019), there is virtually no room for further emissions growth between 2022 and 2025, and emissions. Volume must be maintained, flat or down to reach the 2025 target, “added the analyst. (ANI) China’s carbon emissions soar to record highs

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