China's Greenhouse Gas Emissions Account for 27% of Global Emissions

[Photo by Reuters-Yonhap News]

[Asia Economy Reporter Park Byung-hee] The Rhodium Group, a U.S. consulting firm, revealed on the 6th (local time) that China's greenhouse gas emissions account for 27% of the world's total emissions.

According to a CNBC report, the Rhodium Group analyzed in a report released that day that China's greenhouse gas emissions in 2019 exceeded the total emissions of all developed countries, including the United States.

The United States emitted 11%, ranking second in the world for greenhouse gas emissions, followed by India (6.6%) and the European Union (6.4%).

China's greenhouse gas emissions in 2019 increased to more than three times that of 1990. It was also confirmed that emissions increased by about 25% over the past decade. China's per capita greenhouse gas emissions reached 10.1 tons, nearly tripling over the past 20 years.

The Rhodium Group estimated that even last year, when most countries saw a decrease in greenhouse gas emissions due to COVID-19, China's emissions increased by about 1.7%.

CNBC pointed out that coal power accounted for more than 50% of China's energy generation last year and that China is still increasing the construction of coal power plants. It also added that the China Development Bank and the Export-Import Bank of China supported coal power projects outside China with $474 million just last year.

This content was produced with the assistance of AI translation services.