Global Carbon Budget 2022

November 12, 2022

Global Carbon Budget 2022 report was released on November 11, 2022. The report was released by the Global Carbon Project – a group of scientists who track carbon emitted by human activities.

What are the key findings of the Global Carbon Budget, 2022?

The global carbon emissions are expected to reach 40.6 billion tonnes of carbon dioxide into the atmosphere in 2022.
This projection is close to the highest-ever annual total of 40.9 billion tonnes of CO2 emitted in 2019.
There is no sign of carbon emission decline required for limiting the global warming to 1.5 degree Celsius.
If the current emission levels continue, there is a 50 per change that the warming of 1.5°C exceed in the next 9 years.
Record level droughts, wildfires and flooding across is world is caused because the Earth’s global surface temperature has risen by around 1.1°C when compared with the average in pre-industrial levels.
In 2021, China (31 per cent), the United States (14 per cent) and the European Union (8 per cent) are the major contributors of the global carbon emissions. India accounted to 7 per cent of the global carbon emissions.
The report estimates a decrease in the carbon emissions in 2022 in China (0.9 percent) and the EU (0.8 per cent). However, there will be a 1.5 per cent increase in the US and a 6 per cent increase in India.
India is expected to witness the highest increase in carbon emissions in the world in 2022 when compared with the previous year. The United States is estimated to record the second-highest increase in the carbon emissions.
The 2022 carbon emissions will increase in India due to coal emissions (5% increase) and oil emissions (10% increase). This returns the carbon emission back to the 2019 levels. The country is already responsible for around a twelfth of global emissions. It is ranked third globally in terms of gross emission volume and ranked very low in per capita emissions.

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