this past week, well surpassing that of the global financial crisis in 2008.
Based on new projections for economic growth in 2020, we suggest the impact of the coronavirus might significantly curb global emissions. A growing number of universities, schools and workplaces have closed and some workers are choosing to work from home if they can. The emission-intensive airline industry, covering 2.6 per cent of global carbon dioxide emissions , is in freefall.
But the GFC experience indicates that the carbon efficiency of the global economy may improve much more slowly during a crisis. If this happens in 2020 because of the coronavirus, carbon dioxide emissions still could grow. So far, neither the OECD or International Monetary Fund have suggested coronavirus will take global GDP into the red.The GFC prompted big, swift stimulus packages from governments around the world, leading to a 5.1 per cent rebound in global emissions in 2010, well above the long-term average.
With no change to the climate.
Maybe offset the pollution from the 19/20 Australian bushfires?
Oh please stfu.
That is very good ! At least Greta will be very happy to allow us another decade to live before we all die 😥
Silver linings😊
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