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BP Report
China, the US, the European Union and India are the top four emitters of carbon dioxide in the world, a study said on Wednesday.
The other six countries in the list of top ten carbon emitters are Russia, Japan, Germany, Iran, Saudi Arabia and South Korea.
Among the top four emitters in 2017, which covered 58 per cent of global emissions, China accounted for 27 per cent, the US 15 per cent, the European Union 10 per cent and India 7 per cent, according to the projection by the Global Carbon Project. The rest of the world contributed 41 per cent last year, it said.
The study said that while China and India still rely heavily on coal, the US and the EU are slowly decarbonising.
The study, released on the occasion of the world climate conference in Katowice, Poland, warned that global emissions of carbon dioxide from fossil fuels and industry are projected to rise for the second consecutive year in 2018 by more than two percent to a new record mainly due to sustained growth in oil and gas use.
The emissions in the rest of the world — remaining 41 percent of global emissions — are expected to grow by 1.8 percent in 2018. This group is of mainly developing countries and the five countries contributing most to the growth in this grouping in the last decade are Saudi Arabia, Iran, Turkey, Iraq and South Korea, the study said.
It also said though global use of coal remains three percent lower than its historical high, it is expected to grow in 2018, driven by growth in energy consumption in China and India.
According to the study, China, India and the European Union are setting the pace representing 40 percent of global carbon emissions.
As India’s robust economic growth across all fossil fuels — coal (7.1pc), oil (2.9pc) and gas (6.0pc) — continue to soar, the country’s emissions look set to continue go up by an average of 6.3 per cent in 2018, said the study.
“Coal is still the mainstay of the Indian economy and, as in China, it will be a challenge for solar and wind to displace coal, given the strong growth in energy use,” it said.
India’s emissions look set to continue their strong growth by an average of 6.3 per cent in 2018, with growth across all fuels – coal (7.1pc), oil (2.9pc) and gas (6.0pc), the study said.
The study also said that the Indian emissions were projected to grow 2 per cent in 2017, compared to 6 per cent per year averaged over the previous decade, due to significant government interventions in the economy.
In India, emissions are expected to grow by a solid 6.3 per cent in 2018, pushed by strong economic growth of around 8 per cent per year. “Coal is still the mainstay of the Indian economy, and as in China, it will be a challenge for solar and wind to displace coal, given the strong growth in energy use,” it said.
It also said that although global coal use is still 3 per cent lower than its historical high, it is expected to grow in 2018, driven by growth in energy consumption in China and India.
India can continue to deploy solar farms, leveraging its leadership of the International Solar Alliance to displace coal and clean up its smog-choked cities. By 2020, India can announce its own fossil-fuel exit strategy and a target date for its peak CO2 emissions, the study said.
The study warned that the global emissions of carbon dioxide from fossil fuels and industry are projected to rise for the second consecutive year in 2018, by more than 2 per cent to a new record, mainly due to sustained growth in oil and gas use.