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As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens

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As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens

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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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As AI slashes white-collar jobs, Salesforce CEO Marc Benioff says almost no one is being hired—except in sales
climate change

The Age of Skyrocketing Emissions May Be Over

By
Claire Groden
Claire Groden
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By
Claire Groden
Claire Groden
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December 8, 2015, 3:13 PM ET
Beijing Issues Red Alert On Air Pollution For The First Time
BEIJING, CHINA - DECEMBER 08: Chinese women wear masks to protect against pollution near the CCTV building in heavy smog on December 8, 2015 in Beijing, China. The Beijing government issued a "red alert" for the first time since new standards were introduced earlier this year as the city and many parts of northern China were shrouded in heavy pollution. Levels of PM 2.5, considered the most hazardous, crossed 400 units in Beijing, lower than last week, but still nearly 20 times the acceptable standard set by the World Health Organization. The governments of more than 190 countries are meeting in Paris to set targets on reducing carbon emissions in an attempt to forge a new global agreement on climate change. (Photo by Kevin Frayer/Getty Images)Photograph by Kevin Frayer—Getty Images

Industrial greenhouse gas emissions may be on track to decline in 2015 after only slightly rising last year, the Global Carbon Project announced at the United Nations climate summit on Monday.

While global carbon emissions grew by 2.4% annually in the past decade, emissions only grew by .6% last year—even as global gross domestic product grew. For 2015, the Global Carbon Project expects emissions to decline by .6%.

The abatement in emissions is largely due to China’s decreased coal use, as the country’s economic growth slows and a rising pollution problem focuses the ruling party’s attention on renewable energy sources. The global slowdown in oil demand and faster growth in renewables may have also played a role, according to an article published concurrently with the announcement in Nature Climate Change.

But the apparent peak in emissions does not necessarily mean that pollution has reached an inflection point. A recovery in the Chinese economy could push coal use back to previous levels, and future development in India could create a separate coal emissions glut, according to The New York Times.

“Whether the unexpectedly low growth rates in CO2 emissions observed in 2014 and 2015 are a first sign of an approaching global peak in emissions is unclear,” a group of scientists affiliated with the Global Carbon Project wrote in the article. “Even if emissions were to peak soon, global emissions would still take years to decline substantively. An acceleration in the transformation of energy use and production is needed to set global emissions on course to complete decarbonization, as required for climate stabilization.”

About the Author
By Claire Groden
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