for 2021, a year of gradual economic recovery from the pandemic, at least before the omicron variant hit late in the year, global emissions rose by 4.9% to 36.4 billion tonnes.
that’s the second highest level ever. the highest occurred in 2019, when emissions totalled 36.7 billion tonnes.
these figures, compiled by the global carbon project, underscore how economic activity and jobs are linked to fossil fuel energy.
the only other time in the modern era that global greenhouse gas emissions dropped dramatically on a year-over-year basis occurred during the 2008-09 global recession, which began with the subprime mortgage derivative scandal in the u.s. that led to a global credit freeze.
while the impact of the highly transmissible omicron variant of covid-19 on the global economy in 2022 won’t be known until the end of next year, the simple reality is this.
in order to meet the un’s target of lowering emissions by 7.6% annually from 2020 to 2030, we would need the equivalent of a covid-19 global recession every year from now until 2030 and even then it would not be enough.
worse, the realistic things we could be doing right now to dramatically cut emissions without destroying the economy — for example by replacing coal-fired electricity with nuclear power and natural gas — are opposed by the very people demanding immediate and dramatic cuts in emissions.