The COVID-19 pandemic represents the biggest shock to the global economy in more than seven decades, but new research says that the outbreaks are likely to result in a record-breaking 8% annual decline in carbon emissions—the largest decrease in history.
A new report released this week by the International Energy Agency (IEA) provides an almost real-time view of the COVID-19 pandemic’s extraordinary impact across all major fuels. Based on an analysis of more than 100 days of real data so far this year, the IEA’s Global Energy Review includes estimates for how energy consumption and carbon dioxide (CO2) emissions trends are likely to evolve over the rest of 2020.
