Shifting to a low - carbon economy will require
current emitting countries and projected future emitters to rapidly scale up their investments in renewable energy.
Not exact matches
The
current five - year plan, covering 2011 to 2015, requires the
country to reduce the carbon dioxide
emitted per unit of GDP by 17 per cent by 2015.
Yet, some low -
emitting developing
countries can make a credible case that their
current emissions levels are still below their fair share of safe global emissions.
Nine of the top 10 carbon dioxide
emitting countries in 2010 have more than enough offshore wind energy potential to meet all their
current electricity needs.
The United States is not only responsible for the
current crisis because, as President Obama noted, it is the second highest emitter of ghg in the world behind China, it has historically
emitted much more ghgs into the atmosphere than any other
country including China, it is currently near the top of all nations in per capita ghg emissions, and the US has been responsible more than any other developed nation for the failure of the international community to adopt meaningful ghg emissions reduction targets from the beginning of international climate negotiations in 1990 until the Obama administration.
On the other hand are the bulk of developing
countries who argue that they should not be required to reduce their emissions given that the
current accumulation of greenhouse gases in the atmosphere causing this problem were
emitted by developed
countries and that their development needs outweighed emission reductions for the present time.
Assuming China's emissions continue to rise at the
current rate of about three per cent a year for the next sixteen years, the
country will be
emitting around 16 gigatonnes of carbon dioxide equivalent a year by 2030, according to thinktank Climate Action Tracker.