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In Historic Turn, CO2 Emissions Flatline In 2014, Even As Global Economy Grows

mdsolar sends this report from Forbes: A key stumbling block in the effort to combat global warming has been the intimate link between greenhouse gas emissions and economic growth. When times are good and industries are thriving, global energy use traditionally increases and energy-related carbon dioxide emissions also go up. Only when economies stumble and businesses shutter — as during the most recent financial crisis — does energy use typically decline, in turn bringing down planet-warming emissions.

But for the first time in nearly half a century, that synchrony between economic growth and energy-related emissions seems to have been broken, according to the Paris-based International Energy Agency, prompting its chief economist to wonder if an important new pivot point has been reached — one that decouples economic vigor and carbon pollution. The IEA pegged carbon dioxide emissions for 2014 at 32.3 billion metric tons — essentially the same volume as 2013, even as the global economy grew at a rate of about 3 percent. Whether the disconnect is a mere fluke or a true harbinger of a paradigm shift is impossible to know. The IEA suggested that decreasing use of coal in China — and upticks in renewable electricity generation there using solar, wind and hydropower — could have contributed to the reversal.

5 of 283 comments (clear)

  1. Re:Meanwhile... by Smidge204 · · Score: 5, Interesting

    More importantly, this strains the argument that green technologies threaten economic growth. That means dirtier fossil energy is a lot harder to justify, and renewable energy more appealing.

    Could be the beginnings of a positive feedback loop. Here's hoping!
    =Smidge=

  2. Re:Disconnect between ... by Tailhook · · Score: 5, Insightful

    And lack of demand for oil is due to economic growth?

    Obviously not. The GP is inventing a narrative to fit his worldview.

    The oversupply that has dropped oil prices is not due to lack of demand. The oversupply has been created by N. American independent oil producers that have absolutely flooded the market with non-cartel controlled oil. There is so much oil sloshing around N. America that they are having trouble finding places to store it. This activity, combined with an effective moratorium on pipeline construction, is why you keep reading news stories about oil train derailments, fires and explosions.

    Crucially, this new supply of oil is not controlled by international oil cartels. Prior to the fracking boom, most oil production (on the order of 93%) was controlled by nationalized oil companies. These nations collude to constrain supply. The appearance of a huge supply of non-cartel oil has broken this arrangement and caused a price collapse.

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  3. Re:Woohoo! Call off the Apocalypse! by hondo77 · · Score: 5, Informative
    You do know what a filibuster is, right?:

    Once the House passed the Waxman-Markey bill, the next step would have been for the Senate to have passed its own comprehensive climate and energy bill. Unfortunately, the Senate was unable to do so...S.1733 passed the committee by a vote of 11-1, with all seven Republican members boycotting the final vote...Citing a lack of bipartisan support in the Senate, however, Reid announced in July 2010 that upcoming energy legislation would not include a cap on GHG emissions. This effectively ended action on climate legislation for the 111th Congress.

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  4. Re:Woohoo! Call off the Apocalypse! by quantaman · · Score: 5, Insightful

    Wow, the level of ignorance here is astounding. When Barack and company had both the White House and both houses of Congress, just how much did they get accomplished on this? Or did they too "kick the can down the road?" Politicians are all alike, and if you don't comprehend that then just keep feeding on what they're shoveling to you. Maybe your determined consumption of political bull$h!t will cut down on some cow's carbon footprint.

    Unfortunately US politics is a lot more complex than that. The Democrats as a whole probably did want to get something done, however the Republicans REALLY didn't want to do anything even on things they could agree with, for something like Global Warming they would have been able to make it extraordinarily costly to do something.

    The Democrats simply didn't have the popular support to enact a serious climate policy, especially after they spent all their political capital on health care reform and economic stimulus.

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  5. Re:Meanwhile... by circletimessquare · · Score: 5, Informative

    coal has a lot of other problems besides just CO2, so the switch to natural gas is an improvement in other environmental areas besides just CO2 emissions

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