An economic slowdown, renewable energy growth and the impact of Covid-19 have led to the first year-on-year reduction in India’s CO2 emissions in four decades. Emissions fell by around 1% in the fiscal year ending March 2020, as coal consumption fell and oil consumption flatlined. The decline in emissions reflects the headwinds already affecting the Indian economy since early 2019, and increasing renewable energy generation.
“Globally, we haven’t seen a drop this big ever, and at the yearly level, you would have to go back to World War II to see such a big drop in emissions." The coronavirus pandemic has forced countries around the world to enact strict lockdowns, seal borders and scale back economic activities. Now, an analysis published Tuesday finds that these measures contributed to an estimated 17 percent decline in daily global carbon dioxide emissions compared to daily global averages from 2019.
The wave of shutdowns and shuttered economies caused by the coronavirus pandemic fueled a momentous decline in global greenhouse gas emissions, although one unlikely to last, a group of scientists reported Tuesday. As infections surged in March and April, nations worldwide experienced an abrupt reduction in driving, flying and industrial output, leading to a startling decline of more than 1 billion tons of carbon dioxide emissions.
Global carbon emissions are likely to see their steepest fall this year since the second world war, according to researchers who say coronavirus lockdown measures have already cut them by nearly a fifth. But the team warns that the dramatic drop won’t slow climate change. The first peer-reviewed analysis of the pandemic’s impact on emissions predicts they will fall between 4.2 and 7.5 per cent on last year. A rise of around 1 per cent had been expected for 2020 before the crisis.