Dr. David Allen
With the world in a race against time to get to net-zero CO2 emissions by 2050 it makes sense to have a look at where the CO2 is coming from. In the first part of this series, we take a look at the countries that are driving CO2 emissions and how this has changed over time. The chart below shows the total CO2 emissions by country since 1990.
In 1990, the US was by far the dominant source of CO2 emissions, producing more emissions than China and Russia combined. The rapid industrialisation of China from 2000 catapulted China to the top of the pack. China now generates more than twice as much CO2 as the US. At the same time, India has risen from 7th place to 3rd. Russia meanwhile has slipped down the rankings as the population has fallen and the economy has stagnated. Australia punches above our weight (not in a good way!) ranking 16th for overall CO2 emissions despite the fact we are ranked 54th in the world by population. In part II we look at emissions on a per capital basis over time.
About the Author
Dr David Allen is head of Short/Long Strategies at Plato, managing the Plato Global Net Zero Hedge Fund. He holds a PhD from Cambridge and Bachelor of Business with First Class Honours.
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