Dubai Telegraph - US emissions stagnate in 2024, challenging climate goals: study

EUR -
AED 4.21834
AFN 74.661225
ALL 91.432306
AMD 416.419413
ANG 2.056463
AOA 1054.440663
ARS 1739.601242
AUD 1.608272
AWG 2.06753
AZN 1.957227
BAM 1.955422
BBD 2.310453
BDT 140.872738
BGN 1.933647
BHD 0.432416
BIF 3448.932551
BMD 1.148628
BND 1.465916
BOB 11.270819
BRL 5.906291
BSD 1.147178
BTN 109.921728
BWP 15.556989
BYN 3.470128
BYR 22513.103189
BZD 2.307154
CAD 1.607907
CDF 2654.479062
CHF 0.944743
CLF 0.027911
CLP 1102.062801
CNY 7.693107
CNH 7.700293
COP 3628.597782
CRC 513.200684
CUC 1.148628
CUP 30.438634
CVE 110.243665
CZK 24.347696
DJF 204.280467
DKK 7.475389
DOP 67.706897
DZD 153.990199
EGP 60.011386
ERN 17.229416
ETB 187.378938
FJD 2.545249
FKP 0.85749
GBP 0.857921
GEL 2.990867
GGP 0.85749
GHS 13.215443
GIP 0.85749
GMD 84.42856
GNF 10085.048308
GTQ 8.754306
GYD 240.003554
HKD 9.011042
HNL 30.79504
HRK 7.534658
HTG 149.930985
HUF 364.287725
IDR 20459.4717
ILS 3.487958
IMP 0.85749
INR 110.194179
IQD 1502.809171
IRR 1578903.655694
ISK 139.202636
JEP 0.85749
JMD 181.144944
JOD 0.814422
JPY 180.197158
KES 148.551252
KGS 100.447935
KHR 4649.100291
KMF 491.613064
KPW 1033.765308
KRW 1592.044397
KWD 0.353962
KYD 0.956015
KZT 512.880746
LAK 25706.025284
LBP 102727.519827
LKR 379.706518
LRD 198.461593
LSL 18.650291
LTL 3.391599
LVL 0.694794
LYD 7.28659
MAD 10.868997
MDL 20.161098
MGA 4973.037601
MKD 61.513096
MMK 2411.927194
MNT 4131.777436
MOP 9.269406
MRU 46.150069
MUR 54.640655
MVR 17.746733
MWK 1989.21504
MXN 19.789482
MYR 4.690656
MZN 73.40923
NAD 18.650291
NGN 1529.662418
NIO 42.211831
NOK 10.809019
NPR 175.874964
NZD 1.993627
OMR 0.442634
PAB 1.147178
PEN 3.871151
PGK 5.106012
PHP 72.2606
PKR 317.962167
PLN 4.363465
PYG 6800.683909
QAR 4.193089
RON 5.263476
RSD 117.367287
RUB 96.581309
RWF 1685.17388
SAR 4.316112
SBD 9.18961
SCR 16.119885
SDG 690.903792
SEK 11.290555
SGD 1.465883
SHP 0.858627
SLE 28.314099
SLL 24086.139517
SOS 655.573131
SRD 43.585257
STD 23774.274604
STN 24.49526
SVC 10.038057
SYP 14934.457826
SZL 18.644392
THB 38.275765
TJS 10.582452
TMT 4.031683
TND 3.374547
TOP 2.76562
TRY 56.015171
TTD 7.787493
TWD 36.503811
TZS 3039.911706
UAH 51.253181
UGX 4525.124283
USD 1.148628
UYU 46.131073
UZS 13582.371494
VES 973.444877
VND 29889.590367
VUV 135.48724
WST 3.159056
XAF 655.957
XAG 0.01734
XAU 0.000262
XCD 3.104224
XCG 2.0675
XDR 0.812139
XOF 655.957
XPF 119.331742
YER 271.708303
ZAR 18.688024
ZMK 10339.031894
ZMW 22.547637
ZWL 369.857655
SSP 6560.977546
MXV 2.243573
  • RYCEF

    0.7100

    20

    +3.55%

  • RBGPF

    -1.6900

    68.3

    -2.47%

  • BP

    -0.8400

    44.58

    -1.88%

  • BTI

    -0.1900

    55.83

    -0.34%

  • NGG

    -0.8000

    76.8

    -1.04%

  • RIO

    -0.6700

    97.37

    -0.69%

  • VOD

    -0.5700

    16.95

    -3.36%

  • RELX

    -0.9700

    33.41

    -2.9%

  • GSK

    -0.8400

    50.22

    -1.67%

  • CMSC

    0.0400

    20.71

    +0.19%

  • AZN

    -0.0600

    166.08

    -0.04%

  • CMSD

    0.0000

    20.45

    0%

  • JRI

    -0.0600

    11.55

    -0.52%

  • BCC

    0.1600

    75.69

    +0.21%

  • BCE

    -0.2200

    22.06

    -1%

US emissions stagnate in 2024, challenging climate goals: study
US emissions stagnate in 2024, challenging climate goals: study / Photo: MARIO TAMA - GETTY IMAGES NORTH AMERICA/AFP/File

US emissions stagnate in 2024, challenging climate goals: study

US greenhouse gas emissions barely decreased in 2024, leaving the world's largest economy off track to achieve its climate goals, according to an analysis released Thursday, as the incoming Trump administration looks set to double down on fossil fuels.

Text size:

The preliminary estimate by the Rhodium Group, an independent research organization, found a net fall of just 0.2 percent in economy-wide emissions.

Lower manufacturing output drove the modest decline, but it was undercut by increased air and road travel and higher electricity demand.

Study co-author Ben King told AFP the small drop came despite the US economy expanding last year by 2.7 percent, "a continuation of a trend that we've seen where there's a decoupling between economic growth and greenhouse gas emissions."

Overall, emissions remain below pre-pandemic levels and about 20 percent below 2005 levels, the benchmark year for US commitments under the Paris Agreement.

The accord aims to limit global warming to 1.5 degrees Celsius above pre-industrial levels, to avert the worst catastrophes of planet-wide heating.

But with 2024 effectively static, decarbonization must accelerate across all sectors.

"To meet its Paris Agreement target of a 50-52 percent reduction in emissions by 2030, the US must sustain an ambitious 7.6 percent annual drop in emissions from 2025 to 2030," the report said -- an unprecedented pace outside of a recession.

What's more, Trump has signaled plans to roll back President Joe Biden's green policies, including rules that require sweeping cuts from fossil fuel power plants and provisions of the Inflation Reduction Act, which channels hundreds of billions of dollars into clean energy.

Should these plans materialize, the US would likely achieve only a 24–40 percent emissions reduction by 2035, the report concluded.

- Off track -

Even under Biden, the US has logged more tepid reductions compared to some other major emitters.

German greenhouse gas emissions fell by three percent in 2024, following a 10 percent year-on-year drop the previous year, according to Agora Energiewende.

The European Union's emissions are forecast to have dropped by 3.8 percent in 2024, according to Carbon Brief, a UK-based analysis site.

Such predictions precede official government data and only represent estimates, meaning final figures can vary significantly.

US emissions have been trending downward in bumpy fashion since they peaked in 2004. They fell 3.3 percent in 2023 but rose 1.3 percent in 2022 and 6.3 percent in 2021 amid a post-pandemic rebound.

"When we looked at the Inflation Reduction Act a couple of years ago... we would have expected slightly lower emissions today than we're seeing right now," said King.

Still, these investments may just need more time to pay off: with the report finding clean energy and transportation spending reached a record $71 billion in last year's third quarter.

"It's kind of a mixed bag from my perspective," King said.

- Air conditioning demand -

Positives in the report include a bigger share of green energy in the grid -- solar and wind combined surpassed coal for the first time -- and a drop in methane emissions from reduced coal use and cleaner oil and gas production.

Climate scientist Michael Mann of the University of Pennsylvania told AFP he welcomed the continued decoupling of growth and emissions.

But "emissions aren't coming down anywhere near the rate they need to, yet at least," he added.

"Simply flatlining emissions puts the United States even farther off track from meeting its climate commitments," warned Debbie Weyl, US Acting Director for the World Resources Institute.

Rachel Cleetus, policy director with the climate and energy program at the Union of Concerned Scientists, called the findings "sobering," noting the increased electricity demand came from residential buildings requiring more air conditioning.

"Now that's a reality, as we see year upon year of the temperature records being broken," she told AFP, as 2024 is set to be named the hottest year on record.

J.Alaqanone--DT