India’s carbon emission rise slower this year, says report, Pg14

Key Highlights:

• India's carbon emissions are projected to increase by 1.4% in 2025, a slower rate compared to the 4% increase in 2024.
• Global carbon emissions are expected to rise by 1.1% in 2025, reaching 38 billion tonnes.
• China's emissions growth is also slowing, projected to increase by 0.4% in 2025.
• India is the third largest emitter of carbon, with 3.2 billion tonnes annually, behind the U.S. (4.9 billion tonnes) and China (12 billion tonnes).
• The remaining carbon budget to limit global warming to 1.5°C is 170 billion tonnes of CO2, equivalent to four years at the 2025 emission levels.

Detailed Insights:

• The slower increase in India's emissions is attributed to a favorable monsoon season reducing cooling demand and strong growth in renewable energy, leading to lower coal use.
• Global CO2 emissions from fossil fuels are rising across all fuel types, including coal (+0.8%), oil (+1%), and natural gas (+1.3%).
• Over the 2015-2024 period, emissions from deforestation remained high at around 4 billion tonnes of CO2 per year, with reforestation offsetting about half of these emissions.
• India's per capita emission is 2.2 tonnes of carbon dioxide per year, the second lowest among the 20 largest economies globally, although coal remains the major fuel contributing to the country's emissions.
• The world leaders are gathered in Belem, Brazil, to discuss transitioning away from fossil fuels and to negotiate how to pay for the costs of bolstering defence against the effects of climate change.

Key Concepts Involved:

• Carbon Emissions: The release of carbon dioxide and other carbon compounds into the atmosphere, primarily from burning fossil fuels.
• Carbon Budget: The cumulative amount of carbon dioxide emissions permitted to keep global warming below a specific temperature threshold.
• Deforestation: The clearing of forests for other land uses, contributing to carbon emissions and reduced carbon sequestration.