This may include adverts from us and 3rd parties based on our understanding. The world's biggest polluter has pledged to slash its greenhouse emissions by 2060 at the COP 26 summit this month in stark defiance of the more widely accepted 2050 target. According to a new report by the Centre for Research on Energy and Clean Air CREA for Carbon Brief, China may well be on its way to uphold its pledge. China's CO2 output has fallen by 0.5 percent in the third quarter compared to last year, according to the figures released by the group on Thursday.
The emissions from the cement industry and the burning of fossil fuels were a factor in the decline in CO 2 year-on-year. The Chinese economy was roaring back to life after the coronaviruses epidemic, and China's planet-warming output increased by nine percent in the first half of the year. This was fueled by a wave of stimulus spending that bolstered China's weakened economy. The data also shows that China's declining emissions steepened going into September and monthly emissions hit levels last seen in 2019. READ MORE: Archaeology breakthrough as rare roman mosaic found in UK field
According to Lauri Myllyvirta, CREA's lead analyst, the analysis was based on official figures relating to domestic production, the import and export of fossil fuels, and the production of cement. The cement industry is a major emitter of CO 2 and contributes more than 2.8 billion tons of greenhouse gas each year, according to some estimates. Between four and eight percent of the world's total carbon emissions come from the production of cement. In his report, Mr Myllyvirta said that China's declining emissions could be a positive sign for the global fight against climate change.
He warned not to be too complacent with the findings of the report. He wrote: Looking ahead, the drop in emissions could be a turning point and an early peak in China's emissions total, years ahead of its target to peak before 2030. If China injects further construction stimulus to boost its economy, emissions could rebound once again, before peaking later this decade. China is the world's biggest polluter, according to reports, placing the country ahead of the US and India. Putin to strengthen military coordination with China against West LATEST South China SeaChina Sea conflict: Five countries disputing the region MAP US-China tensions: Biden wants Taiwan to join the'summit for democracy' REPORT The Union of Concerned Scientists, for example, estimated last year that China accounted for about 28 percent of global CO2 emissions. According to a report by the World Resources Institute, China accounted for more than 26 percent of the world's greenhouse emissions. In May this year, research carried out by the Rhodium Group determined that China had emitted 27 percent of the world's greenhouse gases in 2019, with emissions going up over the last three decades. The researchers said that China was emitting less than the US, despite the fact that it was less than the US.