Currents - Energy Industry Insights - February 2020 #2

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Energy-Related CO2 Emissions ‘Flatlined’ Last Year, IEA Says, Raising Hopes About Climate -

"Global emissions remained at approximately 33 gigatonnes in 2019 despite the world economy growing by 2.9%, the IEA said."

Why this is important: The IEA’s report identifies the single largest challenge to reducing global emissions: Asia. While the United States has faced global derision for backing out of the Paris Accord, it led the world in reduced emissions in 2019 and has the largest absolute decline of any country since 2000...

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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