The United States, had carbon dioxide emissions drop 3%, or 160 million tonnes from 2015 to 2016. The economy grew by 1.6%. The decline was driven by a surge in shale gas supplies and more attractive renewable power that displaced coal. Emissions in the United States last year were at their lowest level since 1992, a period during which the economy grew by 80%. This was a major part of emission stabilization for the world the last three years.
There was an over 11% drop in coal usage and natural gas has half the emissions renewables have over ten times less emissions.
The US energy information administration expects coal usage to start edging back up through to 2020.
Natural gas prices are projected to increase over the next couple of years.
What will not happen
The recent stabilization in global emissions hasn’t caused CO2 levels to stabilize. The ocean and land sinks for CO2 currently offset only about 50 percent of the emissions. So the equivalent of 50 percent of the emissions is still accumulating in the atmosphere, even with stable emissions. To stabilize CO2 levels would require roughly an immediate roughly 50 percent cut in emissions, at which point the remaining emissions would be fully offset by the sinks, at least for a while.
Eventually, additional emissions cuts would be required because the sinks will slowly lose their efficiency as the land and ocean start to saturate. A permanent stabilization at current levels therefore requires both an immediate 50-percent cut as well as a slow tapering thereafter, eventually approaching zero emissions.
Nextbigfuture indicates the obvious. There will not be an immediate 50% cut in CO2 emissions and global CO2 emissions will start to increase again in 2017 through 2020 and likely through 2030.
Wang is a prolific business-oriented writer of emerging and disruptive technologies. He is known for insightful articles that combine business and technical analysis that catches the attention of the general public and is also useful for those in the industries. He is the sole author and writer of nextbigfuture.com
, the top online science blog. He is also involved in angel investing and raising funds for breakthrough technology startup companies.
He gave the recent keynote presentation at Monte Jade event with a talk entitled the Future for You. He gave an annual update on molecular nanotechnology at Singularity University on nanotechnology, gave a TEDX talk on energy, and advises USC ASTE 527 (advanced space projects program). He has been interviewed for radio, professional organizations. podcasts and corporate events. He was recently interviewed by the radio program Steel on Steel on satellites and high altitude balloons that will track all movement in many parts of the USA.
He fundraises for various high impact technology companies and has worked in computer technology, insurance, healthcare and with corporate finance.
He has substantial familiarity with a broad range of breakthrough technologies like age reversal and antiaging, quantum computers, artificial intelligence, ocean tech, agtech, nuclear fission, advanced nuclear fission, space propulsion, satellites, imaging, molecular nanotechnology, biotechnology, medicine, blockchain, crypto and many other areas.