COP26 – useful interactive

With COP26 conference underway the FT has produced a very good interactive graphic where you can select 193 countries’ historical emissions and future climate targets, as well as information on the energy mix that indicates their progress on renewable energy – below are screenshots of China and New Zealand. NZ having 0.14% of world’s annual CO2e and China coming in at 23.9% with fossil fuels being 70% of electricity production in China.

Although New Zealand’s emissions are small it has been a poor performer – between 1990 and 2018 emissions rose by 57% which is the second highest increase of industrialised countries. 2018-2019 increased by 2%. New Zealand’s nationally determined contribution (NDC) is to reduce net emissions by 50% below gross 2005 levels by 2030 which is a 41% reduction using an ‘emissions budget’ approach.

What is an emission budget?
An emissions budget is a total quantity of emissions that is allowed to be released during an emissions budget period. Each emissions budget covers a period of  five years (except the first emissions budget which will cover the period 2022 – 2025). Emissions budgets will act as stepping-stones, or interim targets, to reaching our 2050 emissions reduction targets. New Zealand’s legislated targets are for net zero greenhouse gas emissions (except biogenic methane), and a 24 – 47% reduction in biogenic methane, by 2050. Source: NZ Ministry for the Environment.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s