Earth fact of the day, #2
The shortages have gone on for so long that they are aggressively driving down how much carbon is being released into the atmosphere, a Washington Post analysis of data from the International Energy Agency shows. People worldwide are using significantly less oil and gas, which means less climate pollution… Such an annual decline has not happened since […] The post Earth fact of the day, #2…
The ongoing shortages have resulted in a significant decline in carbon emissions, according to an analysis by The Washington Post using data from the International Energy Agency. Global consumption of oil and gas has decreased considerably, leading to a reduction in climate pollution. This annual decrease has not been observed since the peak of the COVID-19 pandemic.
The drop in fossil fuel consumption has been even more pronounced than during the pandemic, and the absolute levels of consumption are also lower. Crude oil demand was 91 million barrels per day in 2020, compared to the forecasted 102 million barrels per day by the latest IEA estimate. While this is not a positive development overall, it does provide a valuable lesson...
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