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C.A.R.E. Going Green: The COVID-19 Pandemic's Impact on the World's Environment

Posted By Administration, Wednesday, June 17, 2020
The Biggest Carbon Crash Ever


According to the BBC, "No war, no recession or no previous pandemic has had such a dramatic impact on emissions of CO2 over the past century as COVID-19 has in a few short months." The International Energy Agency (IEA) predicts that the world will use 6% less energy this year which is equivalent to losing the entire energy demand of India. In a study published in May by Stanford Researcher, Rob Jordan, it was reported that global carbon emissions had fallen by 17% in April and that could lead to an annual carbon emission decline of 4%- 7%, which would be the biggest drop since World War II.

As our industry is well-aware, the world has cut back heavily on travel by air and on roads. According to the IEA, global average road transport activity fell to 50% of the 2019 level by the end of March 2020. Air travel also dropped hugely resulting in a 65% reduction in demand for jet fuel and global electricity demand was down by 20% or more. READ MORE......

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