Sunday, December 16, 2018

Rises in Global CO2 Emission Levels Continue through 2018

California-based entrepreneur Levon Termendzhyan works in the clean-air energy industry. The equity owner of Viscon USA and Viscon International, he oversees the production and sale of a diesel fuel additive that reduces diesel emissions. Beyond that, Levon Termendzhyan is involved in numerous other clean-air companies, multiple joint ventures with Native American tribes, and several biofuel companies.

According to reports from the Global Carbon Project (GCP), the 2018 levels of global carbon dioxide (CO2) emissions are at their highest point in nearly 20 years. The organization believes the year will close with a 2.7 percent increase in total CO2 emissions around the world. This is a big jump compared to the 2017 rise of 1.6 percent, a figure that many experts thought was a small, temporary boost considering CO2 levels had remained steady throughout 2014, 2015, and 2016.

The sudden spike in CO2 levels has been attributed to an increase in activity in China. Coal use within the country rose nearly 5 percent in 2018 as it worked to support its growing economy. This trend has been consistent since the year 2000. On top of that, the cold winter and warm summer in the United States played a role in the escalation of CO2 emissions since it drove up the demand for energy among residents.

China and the U.S. are far from the only countries contributing to the rising CO2 levels, as well. The European Union, Russia, India, Japan, Saudi Arabia, and Canada are also some of the largest emitters in the world. In many of these regions, the amount of fuel used for road transportation and flights increased due to the rise in demand for oil. Meanwhile, the growth of green energy has not been able to keep up with this trend.