Global deployment of solar and wind power, plus a surge in EV sales, means emissions from fossil-fuel-derived energy will finally hit the downward slope.
Every November, the Global Carbon Project publishes the year’s global CO2 emissions. It’s never good news. At a time when the world needs to be reducing emissions, the numbers continue to climb. However, while emissions have been moving in the wrong direction, many of the underpinning economic forces that drive them have been going the right way. This could well be the year when these various forces push hard enough to finally tip the balance.
An ongoing drought also means its hydropower output has dropped. These factors highlight, again, how difficult these things are to predict: One unexpected event can always flip a peak into another record-breaking year. China’s peak, however, is going to come soon, because of record-high deployments of solar and wind, and an increase in nuclear power. Soon, the country will be adding enough sustainable energy to cover its growing electricity demand.
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