Carbon Emissions under Control, Says the International Energy Agency
Published By : 24 Mar 2015 | Published By : QYRESEARCH
According to the IEA (International Energy Agency) for the very first time over the last four decades, 2014 turned out to be the year which recorded the same level of CO2 emissions as the year earlier. On a positive note, this development was in no way connected to economic slowdown. The IEA states that the carbon dioxide emission in 2014 was about 32.3 billion tons, which was the same in 2013.
In fact, the IEA also expressed that its efforts towards mitigating climate change finally started reaping results. The result has in a way surpassed the expectations. The Agency also states the changing energy consumption patterns can basically be attributed to controlled consumption of energy in the OECD nations and China. In 2014, total power generation from renewable resources was considerably high when compared to the earlier years.
China, has been utilizing renewable energy sources such as wind, solar, and hydropower in the most optimum manner to generate electricity thereby, reducing the incessant use of coal. The OECD countries are also taking active steps towards greater use of renewable resources and greater efficiency in energy utilization. This in a way is enabling these nations to bring about the desired impact of reducing harmful emissions in the course of economic growth and development.
However, with the current scenario of falling oil prices, this trend of low emissions may not be as much in the current year. In fact, in Europe there are a few countries that have been able to meet the targets that they had set previously on the use of renewable energy. Steps taken by the Chinese economy on minimizing carbon emissions has had a significant impact on the overall controlled usage of carbon emission on a global scale.