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Low-carbon economy

A low-carbon economy (LCE) or decarbonised economy[1] is an economy based on energy sources that produce low levels of greenhouse gas (GHG) emissions. GHG emissions due to human activity are the dominant cause of observed climate change since the mid-20th century.[2] Continued emission of greenhouse gases will cause long-lasting changes around the world, increasing the likelihood of severe, pervasive, and irreversible effects for people and ecosystems.[2] Shifting to a low-carbon economy on a global scale could bring substantial benefits both for developed and developing countries.[3] Many countries around the world are designing and implementing low-emission development strategies (LEDS). These strategies seek to achieve social, economic, and environmental development goals while reducing long-term greenhouse gas emissions and increasing resilience to the effects of climate change.[4]

Wind Turbine with Workers - Boryspil - Ukraine

Globally implemented low-carbon economies are therefore proposed as a precursor to the more advanced, zero-carbon economy. The GeGaLo index of geopolitical gains and losses assesses how the geopolitical position of 156 countries may change if the world fully transitions to renewable energy resources. Former fossil fuel exporters are expected to lose power, while the positions of former fossil fuel importers and countries rich in renewable energy resources is expected to strengthen.[5]

Rationale and aims

Nations may seek to become low-carbon or decarbonised economies as a part of a national climate change mitigation strategy. A comprehensive strategy to mitigate climate change is through carbon neutrality.

The aim of a LCE is to integrate all aspects of itself from its manufacturing, agriculture, transportation, and power generation, etc. around technologies that produce energy and materials with little GHG emission, and, thus, around populations, buildings, machines, and devices that use those energies and materials efficiently, and, dispose of or recycle its wastes so as to have a minimal output of GHGs. Furthermore, it has been proposed that to make the transition to an LCE economically viable we would have to attribute a cost (per unit output) to GHGs through means such as emissions trading and/or a carbon tax.

Some nations are presently low carbon: societies that are not heavily industrialized or populated. In order to avoid climate change on a global level, all nations considered carbon-intensive societies and societies that are heavily populated might have to become zero-carbon societies and economies. EU emission trading system allows companies to buy international carbon credits, thus the companies can channel clean technologies to promote other countries to adopt low-carbon developments.[6]

According to Roger A. Pielke Jr., many people do not understand the magnitude of the challenge. In 2018, the world consumed 11,743 million toe in the form of coal, natural gas and oil. To achieve net-zero carbon dioxide emissions by 2050, the world would need to deploy three nuclear power plants of similar power to Turkey Point every two days from 2019 until 2050 or 1,500 wind turbines of 2.5 MW each over approximately 800 km2 every day. This scenario takes into account the increase in global energy consumption, but not carbon dioxide sequestration nor solar technologies.[7]

Benefits

Low-carbon economies present multiple benefits to ecosystem resilience, trade, employment, health, energy security, and industrial competitiveness.[8]

Ecosystem resilience

Low emission development strategies for the land use sector can prioritize the protection of carbon-rich ecosystems to not only reduce emissions, but also to protect biodiversity and safeguard local livelihoods to reduce rural poverty - all of which can lead to more climate resilient systems, according to a report by the Low Emission Development Strategies Global Partnership (LEDS GP). REDD+ and blue carbon initiatives are among the measures available to conserve, sustainably manage, and restore these carbon rich ecosystems, which are crucial for natural carbon storage and sequestration, and for building climate resilient communities.[9]

Economic benefits

Job creation

Transitioning to a low-carbon, environmentally and socially sustainable economies can become a strong driver of job creation, job upgrading, social justice, and poverty eradication if properly managed with the full engagement of governments, workers, and employers’ organizations.[10]

Estimates from the International Labour Organization’s Global Economic Linkages model suggest that unmitigated climate change, with associated negative impacts on enterprises and workers, will have negative effects on output in many industries, with drops in output of 2.4% by 2030 and 7.2% by 2050.[11]

Transitioning to a low-carbon economy will cause shifts in the volume, composition, and quality of employment across sectors and will affect the level and distribution of income. Research indicates that eight sectors employing around 1.5 billion workers, approximately half the global workforce, will undergo major changes: agriculture, forestry, fishing, energy, resource intensive manufacturing, recycling, buildings, and transport.[10]

During the green transition, workers in carbon-intensive industries are more likely to lose their jobs. The transition to a carbon-neutral economy will put more jobs at danger in regions with higher percentages of employment in carbon-intensive industries.[12][13][14] Employment opportunities by the green transition are associated with the use of renewable energy sources or building activity for infrastructure improvements and renovations.[15]

Business competitiveness

Low emission industrial development and resource efficiency can offer many opportunities to increase the competitiveness of economies and companies. According to the Low Emission Development Strategies Global Partnership (LEDS GP), there is often a clear business case for switching to lower emission technologies, with payback periods ranging largely from 0.5–5 years, leveraging financial investment.[16]

Improved trade policy

Trade and trade policies can contribute to low-carbon economies by enabling more efficient use of resources and international exchange of climate-friendly goods and services. Removing tariffs and nontariff barriers to trade in clean energy and energy efficiency technologies are one such measure. In a sector where finished products consist of many components that cross borders numerous times - a typical wind turbine, for example, contains up to 8,000 components - even small tariff cuts would reduce costs. This would make the technologies more affordable and competitive in the global market, particularly when combined with a phasing out of fossil fuel subsidies.[17]

Energy policy

Renewable energy and energy efficiency

 
Worldwide installed wind power capacity 1997–2020 [MW], history and predictions. Data source: WWEA
 
Solar array at Nellis Solar Power Plant. These panels track the sun in one axis.

Recent advances in technology and policy will allow renewable energy and energy efficiency to play major roles in displacing fossil fuels, meeting global energy demand while reducing carbon dioxide emissions. Renewable energy technologies are being rapidly commercialized and, in conjunction with efficiency gains, can achieve far greater emissions reductions than either could independently.[18]

Renewable energy is energy that comes from natural resources such as sunlight, wind, rain, tides, and geothermal heat, which are renewable (naturally replenished). In 2015, about 19% of global final energy consumption came from renewables.[19] During the five years from the end of 2004 through 2009, worldwide renewable energy capacity grew at rates of 10–60 percent annually for many technologies. For wind power and many other renewable technologies, growth accelerated in 2009 relative to the previous four years.[20] More wind power capacity was added during 2009 than any other renewable technology. However, grid-connected photovoltaics increased the fastest of all renewables technologies, with a 60 percent annual average growth rate for the five-year period.[20]

Energy for power, heat, cooling, and mobility is the key ingredient for development and growth, with energy security a prerequisite economic growth, making it arguably the most important driver for energy policy. Scaling up renewable energy as part of a low emission development strategy can diversify a country's energy mixes and reduces dependence on imports. In the process of decarbonizing heat and transport through electrification, potential changes to electricity peak demand need to be anticipated whilst switching to alternative technologies such as heat pumps for electric vehicles.[21]

Installing local renewable capacities can also lower geopolitical risks and exposure to fuel price volatility, and improve the balance of trade for importing countries (noting that only a handful of countries export oil and gas). Renewable energy offers lower financial and economic risk for businesses through a more stable and predictable cost base for energy supply.[22]

Energy efficiency gains in recent decades have been significant, but there is still much more that can be achieved. With a concerted effort and strong policies in place, future energy efficiency improvements are likely to be very large. Heat is one of many forms of "energy wastage" that could be captured to significantly increase useful energy without burning more fossil fuels.[18]

Significant volumes of decarbonized electrical energy will be needed to decarbonize the global economy. Demand is generated by conventional electrical energy-based applications, the electrification of energy-intensive sectors, transportation and heating, and indirect electrification using hydrogen and synthetic fuels.[23][24]

Automotive industry

Bosch has reduced its CO2 emissions from 3.3 Mt in 2018 to 1.9 Mt in 2019 and expected its 400 sites worldwide to be neutral by the end of 2020. BMW plans to reduce 80% by to 2030 the 300 kg of CO2 it releases for each vehicle assembled.[25]

In 2021, Volkswagen launched its Way to Zero program to achieve carbon neutrality in 2050 and reduce its CO2 emissions per vehicle in Europe by 40% by 2030. It entered into a partnership with RWE for the construction of new wind farms and power plants in several parts of Europe by 2025. From 2030, all VW factories worldwide, except for China, will have to run entirely on green electricity. The battery cell production giga-factories will be supplied with completely green electricity. Sustainable components will be required from suppliers and the systematic recycling of batteries will in the future allow the reuse of more than 90% of raw materials.[26]

Renault announced in April 2021 its intention to reduce CO2 emissions from its factories in Europe to zero by 2030, and from 2025 in the north of France. In November 2022, it announced three strategic partnerships intended to achieve the objective in France : an agreement with Voltalia provides for the installation of 350 MW of solar panels between 2025 and 2027, the electricity of which will be purchased by Renault under a fifteen-year power purchase agreement (PPA), covering up to 50% of electricity consumption at its ElectriCity pole (Douai, Maubeuge and Ruitz) and at its Cléon motor plant. An agreement is reached with Engie on a deep geothermal project within the Douai plant would provide 40 MW of heat to replace the natural gas it uses today. A third agreement provides for the installation by Dalkia of biomass boilers and waste heat recovery systems in the Maubeuge plant which, with a power of 15 MW, will cover 65% of its needs.[27]

Sustainable biofuels

Biofuels, in the form of liquid fuels derived from plant materials, are entering the market, driven by factors such as oil price spikes and the need for increased energy security. However, many of the biofuels that are currently being supplied have been criticised for their adverse impacts on the natural environment, food security, and land use.[28][29]

The challenge is to support biofuel development, including the development of new cellulosic technologies, with responsible policies and economic instruments to help ensure that biofuel commercialization is sustainable. Responsible commercialization of biofuels represents an opportunity to enhance sustainable economic prospects in Africa, Latin America and Asia.[28][29][30]

Biofuels have a limited ability to replace fossil fuels and should not be regarded as a ‘silver bullet’ to deal with transport emissions. However, they offer the prospect of increased market competition and oil price moderation. A healthy supply of alternative energy sources will help to combat gasoline price spikes and reduce dependency on fossil fuels, especially in the transport sector.[29] Using transportation fuels more efficiently is also an integral part of a sustainable transport strategy.

Nuclear power

Nuclear power has been offered as the primary means to achieve a LCE. In terms of large industrialized nations, mainland France, due primarily to 75% of its electricity being produced by nuclear power, has the lowest carbon dioxide production per unit of GDP in the world and it is the largest exporter of electricity in the world, earning it approximately €3 billion annually in sales.[31]

Concern is often expressed with the matter of spent nuclear fuel storage and security; although the physical issues are not large, the political difficulties are significant. The liquid fluoride thorium reactor (LFTR) has been suggested as a solution to the concerns posed by conventional nuclear.[32]

France reprocesses their spent nuclear fuel at the La Hague site since 1976 and has also treated spent nuclear fuel from France, Japan, Germany, Belgium, Switzerland, Italy, Spain, and the Netherlands.

Some researchers have determined that achieving substantial decarbonization and combating climate change would be much more difficult without increasing nuclear power.[33] Nuclear power is a reliable form of energy that is available 24/7, relatively safe, and can be expanded on a large scale. Nuclear power plants can replace fossil fuel-based power plants — shifting to a low carbon economy.

As of 2021, the expansion of nuclear energy as a method of achieving a low-carbon economy has varying degrees of support.[34] Agencies and organizations that believe decarbonization is not possible without some nuclear power expansion include the United Nations Economic Commission for Europe,[35] the International Energy Agency (IEA),[36] the International Atomic Energy Agency,[37] and the Energy Impact Center (EIC).[38] Both IEA and EIC believe that widespread decarbonization must occur by 2040 in order mitigate the adverse effects of climate change and that nuclear power must play a role. The latter organization suggests that net-negative carbon emissions are possible using nuclear power to fuel carbon capture technology.[38][39]

Smart grid

One proposal from Karlsruhe University[40] developed as a virtual power station is the use of solar and wind energy for base load with hydro and biogas for make up or peak load. Hydro and biogas are used as grid energy storage. This requires the development of a smart intelligent grid hopefully including local power networks than use energy near the site of production, thereby reducing the existing 5% grid loss.[41]

Decarbonisation technologies

There are five technologies commonly identified in decarbonisation:

  1. Electrifying heat as furnaces are powered by electricity rather than burning fuels. Green energy must still be used.
  2. The use of hydrogen as a furnace steam, a chemical feedstock, or a reactant in chemical processes.
  3. The use of biomass as a source of energy or feedstock. In other words, replacing coal with bio coal or gas with bio-gas. One example is charcoal, which is made by converting wood into coal and has a CO2 footprint of zero.
  4. Carbon capture and storage. This is where greenhouse gases are isolated from other natural gases, compressed, and injected into the earth to avoid being emitted into the atmosphere.
  5. Carbon capture and usage. The aim of this method is to turn industrial gases into something valuable, such as ethanol or raw materials for the chemical industry.[42][43]

Decarbonization strategies

A comprehensive decarbonization plan describes how to generate enough green energy to replace coal, oil, and natural gas; and takes into consideration factors such as increasing GDP, increasing standard of living, and increasing efficiencies. Each year the world consumes 583 exajoules of heat energy.[44] With 35% efficient turbines, this yields 56000 TWh of electricity yearly. To decarbonize, that amount of electricity must be generated through means with very low CO2 emissions, such as hydroelectric dams, nuclear energy, wind farms and solar parks. If 56000 TWh were to be generated solely with the most powerful existing facility of each type of energy source, it would require:

Below are example global decarbonization plans:

  • Chapter 11 of How to Avoid a Climate Disaster, by Bill Gates
  • Power Electronics' Plan To Get to Zero CO2 Emissions
  • A Global Decarbonization Plan, by the Manhattan 2 Project

Below are example plans that decarbonize the United States:

Tools that create decarbonization plans are in various stages of development:

  • C-Roads Climate Policy Simulator
  • Power Electronics' Develop Your Own Decarbonization Plan

Carbon-neutral hydrocarbons

Carbon capture and storage

 
Global proposed (grey bars) vs. implemented (blue bars) annual CO2 sequestration. More than 75% of proposed gas processing projects have been implemented, with corresponding figures for other industrial projects and power plant projects being about 60% and 10%, respectively.[49]

Carbon capture and storage (CCS) is a process in which a relatively pure stream of carbon dioxide (CO2) from industrial sources is separated, treated and transported to a long-term storage location.[50]: 2221  For example, the carbon dioxide stream that is to be captured can result from burning fossil fuels or biomass. Usually the CO2 is captured from large point sources, such as a chemical plant or biomass plant, and then stored in an underground geological formation. The aim is to reduce greenhouse gas emissions and thus mitigate climate change.[51][52]

CO2 can be captured directly from an industrial source, such as a cement kiln, using a variety of technologies; including adsorption, chemical looping, membrane gas separation or gas hydration.[53][54][55] As of 2022, about one thousandth of global CO2 emissions are captured by CCS, and most projects are for fossil gas processing.[56]: 32  The technology generally has a success rate of between 50 and 68% of captured carbon,[57] but some projects have exceeded 95 percent efficiency.[58] Opponents argue that many CCS projects have failed to deliver on promised emissions reductions.[59] Additionally, opponents argue that carbon capture and storage is only a justification for indefinite fossil fuel usage disguised as marginal emission reductions.[60]

Carbon capture and utilization (CCU) and CCS are sometimes discussed collectively as "carbon capture, utilization, and sequestration" (CCUS). This is because CCS is a relatively expensive process yielding a product which is often too cheap.[61] Hence, carbon capture makes economically more sense where the carbon price is high enough, such as in much of Europe,[56] or when combined with a utilization process where the cheap CO2 can be used to produce high-value chemicals to offset the high costs of capture operations.[62]

Storage of the CO2 is either in deep geological formations, or in the form of mineral carbonates. Pyrogenic carbon capture and storage (PyCCS) is also being researched.[63] Geological formations are currently considered the most promising sequestration sites. The US National Energy Technology Laboratory (NETL) reported that North America has enough storage capacity for more than 900 years worth of CO2 at current production rates.[64] A general problem is that long-term predictions about submarine or underground storage security are very difficult and uncertain, and there is still the risk that some CO2 might leak into the atmosphere.[65][66][67] Despite this, a recent evaluation estimates the risk of substantial leakage to be fairly low.[68][69][when?]

Combined heat and power

Combined Heat and Power (CHP) is a technology which by allowing the more efficient use of fuel will at least reduce carbon emissions; should the fuel be biomass or biogas or hydrogen used as an energy store then in principle it can be a zero carbon option. CHP can also be used with a nuclear reactor as the energy source; there are examples of such installations in the far North of the Russian Federation. By 2050, the energy requirement for transportation might be satisfied by hydrogen and synthetic fuels between 20% and 30%.[23][70]

Decarbonisation activity by sector

Primary sector

Agriculture

Most of the agricultural facilities in the developed world are mechanized due to rural electrification. Rural electrification has produced significant productivity gains, but it also uses a lot of energy. For this and other reasons (such as transport costs) in a low-carbon society, rural areas would need available supplies of renewably produced electricity.[citation needed]

Irrigation can be one of the main components of an agricultural facility's energy consumption. In parts of California, it can be up to 90%.[71] In the low carbon economy, irrigation equipment will be maintained and continuously updated and farms will use less irrigation water.

Livestock operations can also use a lot of energy depending on how they are run. Feedlots use animal feed made from corn, soybeans, and other crops. Energy must be expended to produce these crops, process, and transport them. Free-range animals find their own vegetation to feed on. The farmer may expend energy to take care of that vegetation, but not nearly as much as the farmer growing cereal and oil-seed crops.

Many livestock operations currently use a lot of energy to water their livestock. In the low-carbon economy, such operations will use more water conservation methods such as rainwater collection, water cisterns, etc., and they will also pump/distribute that water with on-site renewable energy sources (most likely wind and solar).

Due to rural electrification, most agricultural facilities in the developed world use a lot of electricity. In a low-carbon economy, farms will be run and equipped to allow for greater energy efficiency. Changes in the dairy industry include heat recovery, solar hearing, and use of biodigesters:[72]

Replacing livestock with plant-based alternatives is another way of reducing our carbon emissions. The carbon footprint of livestock is large - it provides just 18% of total calories but takes up 83% of farmland.[73]

Forestry

Protecting forests provides integrated benefits to all, ranging from increased food production, safeguarded local livelihoods, protected biodiversity and ecosystems provided by forests, and reduced rural poverty. Adopting low emission strategies for both agricultural and forest production also mitigates some of the effects of climate change.[74]

 
Biogradska suma - biodiversity in forests

In the low-carbon economy, forestry operations will be focused on low-impact practices and regrowth. Forest managers will make sure that they do not disturb soil-based carbon reserves too much. Specialized tree farms will be the main source of material for many products. Quick maturing tree varieties will be grown on short rotations in order to maximize output.[75]

Mining

Flaring and venting of natural gas in oil wells is a significant source of greenhouse gas emissions. Its contribution to greenhouse gases has declined by three-quarters in absolute terms since a peak in the 1970s of approximately 110 million metric tons/year, and in 2004 accounted for about 1/2 of one percent of all anthropogenic carbon dioxide emissions.[76]

The World Bank estimates that 134 billion cubic meters of natural gas are flared or vented annually (2010 datum), an amount equivalent to the combined annual gas consumption of Germany and France or enough to supply the entire world with gas for 16 days. This flaring is highly concentrated: 10 countries account for 70% of emissions, and twenty for 85%.[77]

Secondary sector

 
A factory in Sweden releases pollution into the air.

Basic metals processing

Nonmetallic product processing

Wood processing

  • high efficiency motors
  • high efficiency fans
  • dehumidifier driers

Paper and pulp making

  • variable speed drives
  • high efficiency motors

Food processing

  • high efficiency boilers
  • heat recovery e.g. refrigeration
  • solar hot water for pre-heating
  • bio fuels e.g. tallow, wood

Tertiary sector

Building and Construction

In 2018, building construction and operations accounted for 39% of global greenhouse gas emissions.[78] The construction industry has seen marked advances in building performance and energy efficiency over recent decades,[79] but there continues to be a large need for additional improvement in order to decarbonize this sector. International and government organizations have taken actions to promote the decarbonization of buildings, including the United Nations Framework Convention on Climate Change (UNFCCC) signed in 1992, the Kyoto Protocol[80] signed in 1997, and many countries' Nationally Determined Contributions (NDC) of the Paris Climate Agreement which was signed in 2016.[81]

The largest contributor to building sector emissions (49% of total) is the production of electricity for use in buildings.[78] To decarbonize the building sector, the production of electrical energy will need to reduce its dependence on fossil fuels such as coal and natural gas, and instead shift to carbon-free alternatives like solar, wind, and nuclear. Currently many countries are heavily dependent on fossil fuels for electricity generation. In 2018, 61% of US electricity generation was produced by fossil fuel power plants (23% by coal and 38% by natural gas).[82]

Of global building sector GHG emissions, 28% are produced during the manufacturing process of building materials such as steel, cement (a key component of concrete),[83] and glass.[78] The conventional process inherently related to the production of steel and cement results in large amounts of CO2 emitted. For example, the production of steel in 2018 was responsible for 7 to 9% of the global CO2 emissions.[84] However, these industries lend themselves very well for carbon capture and storage and carbon capture and utilization technology as the CO2 is available in large concentration in an exhaust gas, which is considered a so-called point source. GHG emissions which are produced during the mining, processing, manufacturing, transportation and installation of building materials are referred to as the embodied carbon of a material.[85] The embodied carbon of a construction project can be reduced by using low-carbon materials for building structures and finishes, reducing demolition, and reusing buildings and construction materials whenever possible.[78]

The remaining 23% of global building sector GHG emissions are produced directly on site during building operations.[78] These emissions are produced by fossil fuels such as natural gas which are burned on site to generate hot water, provide space heating, and supply cooking appliances. These pieces of equipment will need to be replaced by carbon-free alternatives such as heat pumps and induction cooktops to decarbonize the building sector.

Retail

Retail operations in the low-carbon economy will have several new features. One will be high-efficiency lighting such as compact fluorescent, halogen, and eventually LED light sources. Many retail stores will also feature roof-top solar panel arrays. These make sense because solar panels produce the most energy during the daytime and during the summer. These are the same times that electricity is the most expensive and also the same times that stores use the most electricity.[86]

Transportation

 
Elements of Low-Carbon Urban Development

Sustainable, low-carbon transport systems are based on minimizing travel and shifting to more environmentally (as well as socially and economically) sustainable mobility, improving transport technologies, fuels and institutions.[87] Decarbonisation of mobility by means of:

  • More energy efficiency and alternative propulsion:
  • Less international movement of physical objects, despite more overall trade (as measure by value of goods)
  • Greater use of marine and electric rail transport, less use of air and truck transport.
  • Increased non-motorised transport (i.e. walking and cycling) and public transport usage, less reliance on private motor vehicles.
  • More pipeline capacity for common fluid commodities such as water, ethanol, butanol, natural gas, petroleum, and hydrogen (in addition to gasoline and diesel).[88][89][90]
  • Small and mid-size shipping companies can reduce bunker fuel consumption and vessel emissions by dynamically and smartly adjusting vessel speeds according to port congestions, shipping requirements, and weather conditions. One particular strategy is the virtual arrival policy which brings economic and environmental benefits to shipping companies, ports, and society as a whole.[91]

Sustainable transport has many co-benefits that can accelerate local sustainable development. According to a series of reports by the Low Emission Development Strategies Global Partnership (LEDS GP), low carbon transport can help create jobs,[92] improve commuter safety through investment in bicycle lanes and pedestrian pathways,[93] make access to employment and social opportunities more affordable and efficient. It also offers a practical opportunity to save people's time and household income as well as government budgets,[94] making investment in sustainable transport a 'win-win' opportunity.

Health services

There have been some moves to investigate the ways and extent to which health systems contribute to greenhouse gas emissions and how they may need to change to become part of a low-carbon world. The Sustainable Development Unit[95] of the NHS in the UK is one of the first official bodies to have been set up in this area, whilst organisations such as the Campaign for Greener Healthcare[96] are also producing influential changes at a clinical level. This work includes

  • Quantification of where the health services emissions stem from.
  • Information on the environmental impacts of alternative models of treatment and service provision

Some of the suggested changes needed are:

  • Greater efficiency and lower ecological impact of energy, buildings, and procurement choices (e.g., in-patient meals, pharmaceuticals, and medical equipment).
  • A shift from focusing solely on cure to prevention, through the promotion of healthier, lower-carbon lifestyles, e.g. diets lower in red meat and dairy products, walking or cycling wherever possible, better town planning to encourage more outdoor lifestyles.
  • Improving public transport and liftsharing options for transport to and from hospitals and clinics.

Tourism

Low-carbon tourism includes travels with low energy consumption, and low CO2 and pollution emissions. Change of personal behavior to more low-carbon oriented activities is mostly influenced by both individual awareness and attitudes, as well as external social aspect, such as culture and environment. Studies indicate that educational level and occupation influence an individual perception of low-carbon tourism.[97]

Actions taken by countries

A good overview of the history of international efforts towards a low-carbon economy, from its initial seed at the inaugural UN Conference on the Human Environment in Stockholm in 1972, has been given by David Runnals.[98] On the international scene, the most prominent early step in the direction of a low-carbon economy was the signing of the Kyoto Protocol, which came into force in 2005, under which most industrialized countries committed to reduce their carbon emissions.[99][100] Europe is the leading geopolitical continent in defining and mobilising decarbonisation policies.[101] For instance, the UITP - an organisation advocating sustainable mobility and public transport - has an EU office, but less well developed contacts with, for example, the US. The European Union Committee of the UITP wants to promote decarbonisation of urban mobility in Europe.[102] However, the 2014 Global Green Economy Index™ (GGEI)[103] ranks 60 nations on their green economic performance, finding that the Nordic countries and Switzerland have the best combined performance around climate change and green economy.

In Europe, there are differences between regions on how the transition to a green economy functions. Many businesses in cohesion regions are now concerned that the shift to a low-carbon economy would affect their industry. In less developed and transition areas, more people tend to view the climate shift as a risk than an opportunity. Only in non-cohesion regions, a larger proportion of businesses see the change as overall advantageous.[104][105]

China

In China, the city of Dongtan is to be built to produce zero net greenhouse gas emissions.[106]

The Chinese State Council announced in 2009 it aimed to cut China's carbon dioxide emissions per unit of GDP by 40%-45% in 2020 from 2005 levels.[107] However carbon dioxide emissions were still increasing by 10% a year by 2013 and China was emitting more carbon dioxide than the next two biggest countries combined (U.S.A. and India).[108] Total carbon dioxide emissions were projected to increase until 2030.[109]

United States

Costa Rica

Costa Rica sources much of its energy needs from renewables and is undertaking reforestation projects. In 2007, the Costa Rican government announced the commitment for Costa Rica to become the first carbon neutral country by 2021.[110][111][112] Costa Rica would be, according to its leaders, the first country in the world to have launched in 2019 a comprehensive decarbonization plan (zero carbon emissions by 2050).[113]

Iceland

Iceland began utilising renewable energy early in the 20th century and so since has been a low-carbon economy. However, since dramatic economic growth, Iceland's emissions have increased significantly per capita. As of 2009, Iceland energy is sourced from mostly geothermal energy and hydropower, renewable energy in Iceland and, since 1999, has provided over 70% of the nation's primary energy and 99.9% of Iceland's electricity.[114] As a result of this, Iceland's carbon emissions per capita are 62% lower than those of the United States[115] despite using more primary energy per capita,[116] due to the fact that it is renewable and low-cost. Iceland seeks carbon neutrality and expects to use 100% renewable energy by 2050 by generating hydrogen fuel from renewable energy sources.

Peru

The Economic Commission for Latin America and the Caribbean (ECLAC) estimates that economic losses related to climate change for Peru could reach over 15% of national gross domestic product (GDP) by 2100.[117] Being a large country with a long coastline, snow-capped mountains and sizeable forests, Peru's varying ecosystems are extremely vulnerable to climate change. Several mountain glaciers have already begun to retreat, leading to water scarcity in some areas. In the period between 1990 and 2015, Peru experienced a 99% increase in per capita carbon emissions from fossil fuel and cement production, marking one of the largest increases amongst South American countries.[118]

Peru brought in a National Strategy on Climate Change in 2003. It is a detailed accounting of 11 strategic focuses that prioritize scientific research, mitigation of climate change effects on the poor, and creating Clean Development Mechanism (CDM) mitigation and adaptation policies.[119]

In 2010, the Peruvian Ministry of Environment published a Plan of Action for Adaptation and Mitigation of Climate Change.[120] The Plan categorises existing and future programmes into seven action groups, including: reporting mechanisms on GHG emissions, mitigation, adaptation, research and development of technology of systems, financing and management, and public education. It also contains detailed budget information and analysis relating to climate change.

In 2014, Peru hosted the Twentieth Conference of the Parties of the United Nations Framework Convention on Climate Change (UNFCCC COP20) negotiations.[121] At the same time, Peru enacted a new climate law which provides for the creation of a national greenhouse gas inventory system called INFOCARBONO.[122] According to the Low Emission Development Strategies Global Partnership (LEDS GP), INFOCARBONO is a major transformation of the country's greenhouse gas management system. Previously, the system was under the sole control of the Peruvian Ministry of the Environment. The new framework makes each relevant ministry responsible for their own share of greenhouse gas management.

United Kingdom

In the United Kingdom, the Climate Change Act 2008 outlining a framework for the transition to a low-carbon economy became law on November 26, 2008. It was the world's first long-term legislation to reduce carbon emissions.[123] This act requires an 80% cut in the UK's carbon emissions by 2050 (compared to 1990 levels), with an intermediate target of between 26% and 32% by 2020.[124] Thus, the UK became the first country to set such a long-range and significant carbon reduction target into law.

A meeting at the Royal Society on 17–18 November 2008 concluded that an integrated approach, making best use of all available technologies, is required to move toward a low-carbon future. It was suggested by participants that it would be possible to move to a low-carbon economy within a few decades, but that 'urgent and sustained action is needed on several fronts'.[125]

In June 2012, the UK coalition government announced the introduction of mandatory carbon reporting, requiring around 1,100 of the UK's largest listed companies to report their greenhouse gas emissions every year. Deputy Prime Minister Nick Clegg confirmed that emission reporting rules would come into effect from April 2013 in his piece for The Guardian.[126]

In July 2014, the UK Energy Savings Opportunity Scheme (ESOS) came into force.[127] This requires all large businesses in the UK to undertake mandatory assessments looking at energy use and energy efficiency opportunities at least once every four years.[128]

The low carbon economy has been described as a "UK success story", accounting for more than £120 billion in annual sales and employing almost 1 million people. A 2013 report suggests that over a third of the UK's economic growth in 2011/12 was likely to have come from green business.[129] This data is complementary to the strong correlation between GDP per capita and national rates of energy consumption.[123]

See also

References

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External links

  • GA Mansoori, N Enayati, LB Agyarko (2016), Energy: Sources, Utilization, Legislation, Sustainability, Illinois as Model State, World Sci. Pub. Co., ISBN 978-981-4704-00-7
  • British Petroleum:
  • DTI UK:
  • Europe eyes 'low-carbon economy', MSNBC.com
  • GGGI Global Green Growth Institute
  • Green Growth Knowledge Platform website
  • Hydrogen Economy
  • New "carbon revolution" urged to slow warming
  • Senate.gov: The “Low Carbon Economy Act” of 2007 and
  • Turning the right corner: ensuring development through a low-carbon transport sector, World Bank Group, May 2013.
  • Reducing carbon intensive transport through individual awareness

carbon, economy, carbon, economy, decarbonised, economy, economy, based, energy, sources, that, produce, levels, greenhouse, emissions, emissions, human, activity, dominant, cause, observed, climate, change, since, 20th, century, continued, emission, greenhous. A low carbon economy LCE or decarbonised economy 1 is an economy based on energy sources that produce low levels of greenhouse gas GHG emissions GHG emissions due to human activity are the dominant cause of observed climate change since the mid 20th century 2 Continued emission of greenhouse gases will cause long lasting changes around the world increasing the likelihood of severe pervasive and irreversible effects for people and ecosystems 2 Shifting to a low carbon economy on a global scale could bring substantial benefits both for developed and developing countries 3 Many countries around the world are designing and implementing low emission development strategies LEDS These strategies seek to achieve social economic and environmental development goals while reducing long term greenhouse gas emissions and increasing resilience to the effects of climate change 4 Wind Turbine with Workers Boryspil UkraineGlobally implemented low carbon economies are therefore proposed as a precursor to the more advanced zero carbon economy The GeGaLo index of geopolitical gains and losses assesses how the geopolitical position of 156 countries may change if the world fully transitions to renewable energy resources Former fossil fuel exporters are expected to lose power while the positions of former fossil fuel importers and countries rich in renewable energy resources is expected to strengthen 5 Contents 1 Rationale and aims 2 Benefits 2 1 Ecosystem resilience 2 2 Economic benefits 2 2 1 Job creation 2 2 2 Business competitiveness 2 2 3 Improved trade policy 3 Energy policy 3 1 Renewable energy and energy efficiency 3 2 Automotive industry 3 3 Sustainable biofuels 3 4 Nuclear power 3 5 Smart grid 4 Decarbonisation technologies 5 Decarbonization strategies 6 Carbon neutral hydrocarbons 7 Carbon capture and storage 8 Combined heat and power 9 Decarbonisation activity by sector 9 1 Primary sector 9 1 1 Agriculture 9 1 2 Forestry 9 1 3 Mining 9 2 Secondary sector 9 2 1 Basic metals processing 9 2 2 Nonmetallic product processing 9 2 3 Wood processing 9 2 4 Paper and pulp making 9 2 5 Food processing 9 3 Tertiary sector 9 3 1 Building and Construction 9 3 2 Retail 9 3 3 Transportation 9 3 4 Health services 9 3 5 Tourism 10 Actions taken by countries 10 1 China 10 2 United States 10 3 Costa Rica 10 4 Iceland 10 5 Peru 10 6 United Kingdom 11 See also 12 References 13 External linksRationale and aims EditThis section needs additional citations for verification Please help improve this article by adding citations to reliable sources in this section Unsourced material may be challenged and removed October 2010 Learn how and when to remove this template message Nations may seek to become low carbon or decarbonised economies as a part of a national climate change mitigation strategy A comprehensive strategy to mitigate climate change is through carbon neutrality The aim of a LCE is to integrate all aspects of itself from its manufacturing agriculture transportation and power generation etc around technologies that produce energy and materials with little GHG emission and thus around populations buildings machines and devices that use those energies and materials efficiently and dispose of or recycle its wastes so as to have a minimal output of GHGs Furthermore it has been proposed that to make the transition to an LCE economically viable we would have to attribute a cost per unit output to GHGs through means such as emissions trading and or a carbon tax Some nations are presently low carbon societies that are not heavily industrialized or populated In order to avoid climate change on a global level all nations considered carbon intensive societies and societies that are heavily populated might have to become zero carbon societies and economies EU emission trading system allows companies to buy international carbon credits thus the companies can channel clean technologies to promote other countries to adopt low carbon developments 6 According to Roger A Pielke Jr many people do not understand the magnitude of the challenge In 2018 the world consumed 11 743 million toe in the form of coal natural gas and oil To achieve net zero carbon dioxide emissions by 2050 the world would need to deploy three nuclear power plants of similar power to Turkey Point every two days from 2019 until 2050 or 1 500 wind turbines of 2 5 MW each over approximately 800 km2 every day This scenario takes into account the increase in global energy consumption but not carbon dioxide sequestration nor solar technologies 7 Benefits EditLow carbon economies present multiple benefits to ecosystem resilience trade employment health energy security and industrial competitiveness 8 Ecosystem resilience Edit Low emission development strategies for the land use sector can prioritize the protection of carbon rich ecosystems to not only reduce emissions but also to protect biodiversity and safeguard local livelihoods to reduce rural poverty all of which can lead to more climate resilient systems according to a report by the Low Emission Development Strategies Global Partnership LEDS GP REDD and blue carbon initiatives are among the measures available to conserve sustainably manage and restore these carbon rich ecosystems which are crucial for natural carbon storage and sequestration and for building climate resilient communities 9 Economic benefits Edit Job creation Edit Transitioning to a low carbon environmentally and socially sustainable economies can become a strong driver of job creation job upgrading social justice and poverty eradication if properly managed with the full engagement of governments workers and employers organizations 10 Estimates from the International Labour Organization s Global Economic Linkages model suggest that unmitigated climate change with associated negative impacts on enterprises and workers will have negative effects on output in many industries with drops in output of 2 4 by 2030 and 7 2 by 2050 11 Transitioning to a low carbon economy will cause shifts in the volume composition and quality of employment across sectors and will affect the level and distribution of income Research indicates that eight sectors employing around 1 5 billion workers approximately half the global workforce will undergo major changes agriculture forestry fishing energy resource intensive manufacturing recycling buildings and transport 10 During the green transition workers in carbon intensive industries are more likely to lose their jobs The transition to a carbon neutral economy will put more jobs at danger in regions with higher percentages of employment in carbon intensive industries 12 13 14 Employment opportunities by the green transition are associated with the use of renewable energy sources or building activity for infrastructure improvements and renovations 15 Business competitiveness Edit Low emission industrial development and resource efficiency can offer many opportunities to increase the competitiveness of economies and companies According to the Low Emission Development Strategies Global Partnership LEDS GP there is often a clear business case for switching to lower emission technologies with payback periods ranging largely from 0 5 5 years leveraging financial investment 16 Improved trade policy Edit Trade and trade policies can contribute to low carbon economies by enabling more efficient use of resources and international exchange of climate friendly goods and services Removing tariffs and nontariff barriers to trade in clean energy and energy efficiency technologies are one such measure In a sector where finished products consist of many components that cross borders numerous times a typical wind turbine for example contains up to 8 000 components even small tariff cuts would reduce costs This would make the technologies more affordable and competitive in the global market particularly when combined with a phasing out of fossil fuel subsidies 17 Energy policy EditRenewable energy and energy efficiency Edit See also Renewable energy commercialization Worldwide installed wind power capacity 1997 2020 MW history and predictions Data source WWEA Solar array at Nellis Solar Power Plant These panels track the sun in one axis Recent advances in technology and policy will allow renewable energy and energy efficiency to play major roles in displacing fossil fuels meeting global energy demand while reducing carbon dioxide emissions Renewable energy technologies are being rapidly commercialized and in conjunction with efficiency gains can achieve far greater emissions reductions than either could independently 18 Renewable energy is energy that comes from natural resources such as sunlight wind rain tides and geothermal heat which are renewable naturally replenished In 2015 about 19 of global final energy consumption came from renewables 19 During the five years from the end of 2004 through 2009 worldwide renewable energy capacity grew at rates of 10 60 percent annually for many technologies For wind power and many other renewable technologies growth accelerated in 2009 relative to the previous four years 20 More wind power capacity was added during 2009 than any other renewable technology However grid connected photovoltaics increased the fastest of all renewables technologies with a 60 percent annual average growth rate for the five year period 20 Energy for power heat cooling and mobility is the key ingredient for development and growth with energy security a prerequisite economic growth making it arguably the most important driver for energy policy Scaling up renewable energy as part of a low emission development strategy can diversify a country s energy mixes and reduces dependence on imports In the process of decarbonizing heat and transport through electrification potential changes to electricity peak demand need to be anticipated whilst switching to alternative technologies such as heat pumps for electric vehicles 21 Installing local renewable capacities can also lower geopolitical risks and exposure to fuel price volatility and improve the balance of trade for importing countries noting that only a handful of countries export oil and gas Renewable energy offers lower financial and economic risk for businesses through a more stable and predictable cost base for energy supply 22 Energy efficiency gains in recent decades have been significant but there is still much more that can be achieved With a concerted effort and strong policies in place future energy efficiency improvements are likely to be very large Heat is one of many forms of energy wastage that could be captured to significantly increase useful energy without burning more fossil fuels 18 Significant volumes of decarbonized electrical energy will be needed to decarbonize the global economy Demand is generated by conventional electrical energy based applications the electrification of energy intensive sectors transportation and heating and indirect electrification using hydrogen and synthetic fuels 23 24 Automotive industry Edit Bosch has reduced its CO2 emissions from 3 3 Mt in 2018 to 1 9 Mt in 2019 and expected its 400 sites worldwide to be neutral by the end of 2020 BMW plans to reduce 80 by to 2030 the 300 kg of CO2 it releases for each vehicle assembled 25 In 2021 Volkswagen launched its Way to Zero program to achieve carbon neutrality in 2050 and reduce its CO2 emissions per vehicle in Europe by 40 by 2030 It entered into a partnership with RWE for the construction of new wind farms and power plants in several parts of Europe by 2025 From 2030 all VW factories worldwide except for China will have to run entirely on green electricity The battery cell production giga factories will be supplied with completely green electricity Sustainable components will be required from suppliers and the systematic recycling of batteries will in the future allow the reuse of more than 90 of raw materials 26 Renault announced in April 2021 its intention to reduce CO2 emissions from its factories in Europe to zero by 2030 and from 2025 in the north of France In November 2022 it announced three strategic partnerships intended to achieve the objective in France an agreement with Voltalia provides for the installation of 350 MW of solar panels between 2025 and 2027 the electricity of which will be purchased by Renault under a fifteen year power purchase agreement PPA covering up to 50 of electricity consumption at its ElectriCity pole Douai Maubeuge and Ruitz and at its Cleon motor plant An agreement is reached with Engie on a deep geothermal project within the Douai plant would provide 40 MW of heat to replace the natural gas it uses today A third agreement provides for the installation by Dalkia of biomass boilers and waste heat recovery systems in the Maubeuge plant which with a power of 15 MW will cover 65 of its needs 27 Sustainable biofuels Edit Main article Sustainable biofuelThis section needs to be updated Please help update this article to reflect recent events or newly available information July 2021 Biofuels in the form of liquid fuels derived from plant materials are entering the market driven by factors such as oil price spikes and the need for increased energy security However many of the biofuels that are currently being supplied have been criticised for their adverse impacts on the natural environment food security and land use 28 29 The challenge is to support biofuel development including the development of new cellulosic technologies with responsible policies and economic instruments to help ensure that biofuel commercialization is sustainable Responsible commercialization of biofuels represents an opportunity to enhance sustainable economic prospects in Africa Latin America and Asia 28 29 30 Biofuels have a limited ability to replace fossil fuels and should not be regarded as a silver bullet to deal with transport emissions However they offer the prospect of increased market competition and oil price moderation A healthy supply of alternative energy sources will help to combat gasoline price spikes and reduce dependency on fossil fuels especially in the transport sector 29 Using transportation fuels more efficiently is also an integral part of a sustainable transport strategy Nuclear power Edit Nuclear power has been offered as the primary means to achieve a LCE In terms of large industrialized nations mainland France due primarily to 75 of its electricity being produced by nuclear power has the lowest carbon dioxide production per unit of GDP in the world and it is the largest exporter of electricity in the world earning it approximately 3 billion annually in sales 31 Concern is often expressed with the matter of spent nuclear fuel storage and security although the physical issues are not large the political difficulties are significant The liquid fluoride thorium reactor LFTR has been suggested as a solution to the concerns posed by conventional nuclear 32 France reprocesses their spent nuclear fuel at the La Hague site since 1976 and has also treated spent nuclear fuel from France Japan Germany Belgium Switzerland Italy Spain and the Netherlands Some researchers have determined that achieving substantial decarbonization and combating climate change would be much more difficult without increasing nuclear power 33 Nuclear power is a reliable form of energy that is available 24 7 relatively safe and can be expanded on a large scale Nuclear power plants can replace fossil fuel based power plants shifting to a low carbon economy As of 2021 the expansion of nuclear energy as a method of achieving a low carbon economy has varying degrees of support 34 Agencies and organizations that believe decarbonization is not possible without some nuclear power expansion include the United Nations Economic Commission for Europe 35 the International Energy Agency IEA 36 the International Atomic Energy Agency 37 and the Energy Impact Center EIC 38 Both IEA and EIC believe that widespread decarbonization must occur by 2040 in order mitigate the adverse effects of climate change and that nuclear power must play a role The latter organization suggests that net negative carbon emissions are possible using nuclear power to fuel carbon capture technology 38 39 Smart grid Edit One proposal from Karlsruhe University 40 developed as a virtual power station is the use of solar and wind energy for base load with hydro and biogas for make up or peak load Hydro and biogas are used as grid energy storage This requires the development of a smart intelligent grid hopefully including local power networks than use energy near the site of production thereby reducing the existing 5 grid loss 41 Decarbonisation technologies EditThere are five technologies commonly identified in decarbonisation Electrifying heat as furnaces are powered by electricity rather than burning fuels Green energy must still be used The use of hydrogen as a furnace steam a chemical feedstock or a reactant in chemical processes The use of biomass as a source of energy or feedstock In other words replacing coal with bio coal or gas with bio gas One example is charcoal which is made by converting wood into coal and has a CO2 footprint of zero Carbon capture and storage This is where greenhouse gases are isolated from other natural gases compressed and injected into the earth to avoid being emitted into the atmosphere Carbon capture and usage The aim of this method is to turn industrial gases into something valuable such as ethanol or raw materials for the chemical industry 42 43 Decarbonization strategies EditA comprehensive decarbonization plan describes how to generate enough green energy to replace coal oil and natural gas and takes into consideration factors such as increasing GDP increasing standard of living and increasing efficiencies Each year the world consumes 583 exajoules of heat energy 44 With 35 efficient turbines this yields 56000 TWh of electricity yearly To decarbonize that amount of electricity must be generated through means with very low CO2 emissions such as hydroelectric dams nuclear energy wind farms and solar parks If 56000 TWh were to be generated solely with the most powerful existing facility of each type of energy source it would require 540 hydroelectric dams equivalent to the Three Gorges Dam which generated 103 6 TWh in 2021 45 1100 nuclear power plants equivalent to the Hanul Nuclear Power Plant which generated 48 2 TWh in 2016 45 8600 geothermal power plants equivalent to the Geysers which generated 6 5 TWh in 2018 46 22 400 wind farms equivalent to the London Array which generated 2 5 TWh in 2015 47 76 400 solar parks equivalent to the Bhadla Solar Park which generates 0 7 TWh per year 48 Below are example global decarbonization plans Chapter 11 of How to Avoid a Climate Disaster by Bill Gates Power Electronics Plan To Get to Zero CO2 Emissions A Global Decarbonization Plan by the Manhattan 2 ProjectBelow are example plans that decarbonize the United States The Net Zero America Project by Princeton University Getting To Zero by the Center for Climate and Energy Solutions America s Zero Carbon Action Plan by the Sustainable Development Solutions Network Energy Decarb scenario within DOE s 2021 Solar Futures Study Tools that create decarbonization plans are in various stages of development C Roads Climate Policy Simulator Power Electronics Develop Your Own Decarbonization PlanCarbon neutral hydrocarbons EditMain article Carbon neutral fuelCarbon capture and storage EditThis section is an excerpt from Carbon capture and storage edit Global proposed grey bars vs implemented blue bars annual CO2 sequestration More than 75 of proposed gas processing projects have been implemented with corresponding figures for other industrial projects and power plant projects being about 60 and 10 respectively 49 Carbon capture and storage CCS is a process in which a relatively pure stream of carbon dioxide CO2 from industrial sources is separated treated and transported to a long term storage location 50 2221 For example the carbon dioxide stream that is to be captured can result from burning fossil fuels or biomass Usually the CO2 is captured from large point sources such as a chemical plant or biomass plant and then stored in an underground geological formation The aim is to reduce greenhouse gas emissions and thus mitigate climate change 51 52 CO2 can be captured directly from an industrial source such as a cement kiln using a variety of technologies including adsorption chemical looping membrane gas separation or gas hydration 53 54 55 As of 2022 update about one thousandth of global CO2 emissions are captured by CCS and most projects are for fossil gas processing 56 32 The technology generally has a success rate of between 50 and 68 of captured carbon 57 but some projects have exceeded 95 percent efficiency 58 Opponents argue that many CCS projects have failed to deliver on promised emissions reductions 59 Additionally opponents argue that carbon capture and storage is only a justification for indefinite fossil fuel usage disguised as marginal emission reductions 60 Carbon capture and utilization CCU and CCS are sometimes discussed collectively as carbon capture utilization and sequestration CCUS This is because CCS is a relatively expensive process yielding a product which is often too cheap 61 Hence carbon capture makes economically more sense where the carbon price is high enough such as in much of Europe 56 or when combined with a utilization process where the cheap CO2 can be used to produce high value chemicals to offset the high costs of capture operations 62 Storage of the CO2 is either in deep geological formations or in the form of mineral carbonates Pyrogenic carbon capture and storage PyCCS is also being researched 63 Geological formations are currently considered the most promising sequestration sites The US National Energy Technology Laboratory NETL reported that North America has enough storage capacity for more than 900 years worth of CO2 at current production rates 64 A general problem is that long term predictions about submarine or underground storage security are very difficult and uncertain and there is still the risk that some CO2 might leak into the atmosphere 65 66 67 Despite this a recent evaluation estimates the risk of substantial leakage to be fairly low 68 69 when Combined heat and power EditCombined Heat and Power CHP is a technology which by allowing the more efficient use of fuel will at least reduce carbon emissions should the fuel be biomass or biogas or hydrogen used as an energy store then in principle it can be a zero carbon option CHP can also be used with a nuclear reactor as the energy source there are examples of such installations in the far North of the Russian Federation By 2050 the energy requirement for transportation might be satisfied by hydrogen and synthetic fuels between 20 and 30 23 70 Decarbonisation activity by sector EditPrimary sector Edit Agriculture Edit See also Low carbon diet Most of the agricultural facilities in the developed world are mechanized due to rural electrification Rural electrification has produced significant productivity gains but it also uses a lot of energy For this and other reasons such as transport costs in a low carbon society rural areas would need available supplies of renewably produced electricity citation needed Irrigation can be one of the main components of an agricultural facility s energy consumption In parts of California it can be up to 90 71 In the low carbon economy irrigation equipment will be maintained and continuously updated and farms will use less irrigation water Livestock operations can also use a lot of energy depending on how they are run Feedlots use animal feed made from corn soybeans and other crops Energy must be expended to produce these crops process and transport them Free range animals find their own vegetation to feed on The farmer may expend energy to take care of that vegetation but not nearly as much as the farmer growing cereal and oil seed crops Many livestock operations currently use a lot of energy to water their livestock In the low carbon economy such operations will use more water conservation methods such as rainwater collection water cisterns etc and they will also pump distribute that water with on site renewable energy sources most likely wind and solar Due to rural electrification most agricultural facilities in the developed world use a lot of electricity In a low carbon economy farms will be run and equipped to allow for greater energy efficiency Changes in the dairy industry include heat recovery solar hearing and use of biodigesters 72 Replacing livestock with plant based alternatives is another way of reducing our carbon emissions The carbon footprint of livestock is large it provides just 18 of total calories but takes up 83 of farmland 73 Forestry Edit Main article Wood economy Protecting forests provides integrated benefits to all ranging from increased food production safeguarded local livelihoods protected biodiversity and ecosystems provided by forests and reduced rural poverty Adopting low emission strategies for both agricultural and forest production also mitigates some of the effects of climate change 74 Biogradska suma biodiversity in forestsIn the low carbon economy forestry operations will be focused on low impact practices and regrowth Forest managers will make sure that they do not disturb soil based carbon reserves too much Specialized tree farms will be the main source of material for many products Quick maturing tree varieties will be grown on short rotations in order to maximize output 75 Mining Edit Flaring and venting of natural gas in oil wells is a significant source of greenhouse gas emissions Its contribution to greenhouse gases has declined by three quarters in absolute terms since a peak in the 1970s of approximately 110 million metric tons year and in 2004 accounted for about 1 2 of one percent of all anthropogenic carbon dioxide emissions 76 The World Bank estimates that 134 billion cubic meters of natural gas are flared or vented annually 2010 datum an amount equivalent to the combined annual gas consumption of Germany and France or enough to supply the entire world with gas for 16 days This flaring is highly concentrated 10 countries account for 70 of emissions and twenty for 85 77 Secondary sector Edit A factory in Sweden releases pollution into the air Basic metals processing Edit high efficiency electric motors induction furnaces heat recoveryNonmetallic product processing Edit variable speed drives injection molding replace hydraulic with electric servo motors glass melting furnace heating with green generated electric power bio fuels hydrogenWood processing Edit Further information wood processing high efficiency motors high efficiency fans dehumidifier driersPaper and pulp making Edit Further information pulp and paper industry variable speed drives high efficiency motorsFood processing Edit Further information food processing high efficiency boilers heat recovery e g refrigeration solar hot water for pre heating bio fuels e g tallow woodTertiary sector Edit Building and Construction Edit In 2018 building construction and operations accounted for 39 of global greenhouse gas emissions 78 The construction industry has seen marked advances in building performance and energy efficiency over recent decades 79 but there continues to be a large need for additional improvement in order to decarbonize this sector International and government organizations have taken actions to promote the decarbonization of buildings including the United Nations Framework Convention on Climate Change UNFCCC signed in 1992 the Kyoto Protocol 80 signed in 1997 and many countries Nationally Determined Contributions NDC of the Paris Climate Agreement which was signed in 2016 81 The largest contributor to building sector emissions 49 of total is the production of electricity for use in buildings 78 To decarbonize the building sector the production of electrical energy will need to reduce its dependence on fossil fuels such as coal and natural gas and instead shift to carbon free alternatives like solar wind and nuclear Currently many countries are heavily dependent on fossil fuels for electricity generation In 2018 61 of US electricity generation was produced by fossil fuel power plants 23 by coal and 38 by natural gas 82 Of global building sector GHG emissions 28 are produced during the manufacturing process of building materials such as steel cement a key component of concrete 83 and glass 78 The conventional process inherently related to the production of steel and cement results in large amounts of CO2 emitted For example the production of steel in 2018 was responsible for 7 to 9 of the global CO2 emissions 84 However these industries lend themselves very well for carbon capture and storage and carbon capture and utilization technology as the CO2 is available in large concentration in an exhaust gas which is considered a so called point source GHG emissions which are produced during the mining processing manufacturing transportation and installation of building materials are referred to as the embodied carbon of a material 85 The embodied carbon of a construction project can be reduced by using low carbon materials for building structures and finishes reducing demolition and reusing buildings and construction materials whenever possible 78 The remaining 23 of global building sector GHG emissions are produced directly on site during building operations 78 These emissions are produced by fossil fuels such as natural gas which are burned on site to generate hot water provide space heating and supply cooking appliances These pieces of equipment will need to be replaced by carbon free alternatives such as heat pumps and induction cooktops to decarbonize the building sector Retail Edit Retail operations in the low carbon economy will have several new features One will be high efficiency lighting such as compact fluorescent halogen and eventually LED light sources Many retail stores will also feature roof top solar panel arrays These make sense because solar panels produce the most energy during the daytime and during the summer These are the same times that electricity is the most expensive and also the same times that stores use the most electricity 86 Transportation Edit Elements of Low Carbon Urban DevelopmentSustainable low carbon transport systems are based on minimizing travel and shifting to more environmentally as well as socially and economically sustainable mobility improving transport technologies fuels and institutions 87 Decarbonisation of mobility by means of More energy efficiency and alternative propulsion Increased focus on fuel efficient vehicle shapes and configurations with more vehicle electrification particularly through battery electric vehicles BEV or all electric vehicles More alternative and flex fuel vehicles based on local conditions and availability Driver training for more fuel efficiency Low carbon biofuels cellulosic biodiesel bioethanol biobutanol Petroleum fuel surcharges will be a more significant part of consumer costs Less international movement of physical objects despite more overall trade as measure by value of goods Greater use of marine and electric rail transport less use of air and truck transport Increased non motorised transport i e walking and cycling and public transport usage less reliance on private motor vehicles More pipeline capacity for common fluid commodities such as water ethanol butanol natural gas petroleum and hydrogen in addition to gasoline and diesel 88 89 90 Small and mid size shipping companies can reduce bunker fuel consumption and vessel emissions by dynamically and smartly adjusting vessel speeds according to port congestions shipping requirements and weather conditions One particular strategy is the virtual arrival policy which brings economic and environmental benefits to shipping companies ports and society as a whole 91 Sustainable transport has many co benefits that can accelerate local sustainable development According to a series of reports by the Low Emission Development Strategies Global Partnership LEDS GP low carbon transport can help create jobs 92 improve commuter safety through investment in bicycle lanes and pedestrian pathways 93 make access to employment and social opportunities more affordable and efficient It also offers a practical opportunity to save people s time and household income as well as government budgets 94 making investment in sustainable transport a win win opportunity Health services Edit There have been some moves to investigate the ways and extent to which health systems contribute to greenhouse gas emissions and how they may need to change to become part of a low carbon world The Sustainable Development Unit 95 of the NHS in the UK is one of the first official bodies to have been set up in this area whilst organisations such as the Campaign for Greener Healthcare 96 are also producing influential changes at a clinical level This work includes Quantification of where the health services emissions stem from Information on the environmental impacts of alternative models of treatment and service provisionSome of the suggested changes needed are Greater efficiency and lower ecological impact of energy buildings and procurement choices e g in patient meals pharmaceuticals and medical equipment A shift from focusing solely on cure to prevention through the promotion of healthier lower carbon lifestyles e g diets lower in red meat and dairy products walking or cycling wherever possible better town planning to encourage more outdoor lifestyles Improving public transport and liftsharing options for transport to and from hospitals and clinics Tourism Edit Low carbon tourism includes travels with low energy consumption and low CO2 and pollution emissions Change of personal behavior to more low carbon oriented activities is mostly influenced by both individual awareness and attitudes as well as external social aspect such as culture and environment Studies indicate that educational level and occupation influence an individual perception of low carbon tourism 97 Actions taken by countries EditA good overview of the history of international efforts towards a low carbon economy from its initial seed at the inaugural UN Conference on the Human Environment in Stockholm in 1972 has been given by David Runnals 98 On the international scene the most prominent early step in the direction of a low carbon economy was the signing of the Kyoto Protocol which came into force in 2005 under which most industrialized countries committed to reduce their carbon emissions 99 100 Europe is the leading geopolitical continent in defining and mobilising decarbonisation policies 101 For instance the UITP an organisation advocating sustainable mobility and public transport has an EU office but less well developed contacts with for example the US The European Union Committee of the UITP wants to promote decarbonisation of urban mobility in Europe 102 However the 2014 Global Green Economy Index GGEI 103 ranks 60 nations on their green economic performance finding that the Nordic countries and Switzerland have the best combined performance around climate change and green economy In Europe there are differences between regions on how the transition to a green economy functions Many businesses in cohesion regions are now concerned that the shift to a low carbon economy would affect their industry In less developed and transition areas more people tend to view the climate shift as a risk than an opportunity Only in non cohesion regions a larger proportion of businesses see the change as overall advantageous 104 105 China Edit Main article Renewable energy in ChinaThis section needs to be updated Please help update this article to reflect recent events or newly available information July 2021 In China the city of Dongtan is to be built to produce zero net greenhouse gas emissions 106 The Chinese State Council announced in 2009 it aimed to cut China s carbon dioxide emissions per unit of GDP by 40 45 in 2020 from 2005 levels 107 However carbon dioxide emissions were still increasing by 10 a year by 2013 and China was emitting more carbon dioxide than the next two biggest countries combined U S A and India 108 Total carbon dioxide emissions were projected to increase until 2030 109 United States Edit This section needs expansion You can help by adding to it March 2023 Costa Rica Edit Costa Rica sources much of its energy needs from renewables and is undertaking reforestation projects In 2007 the Costa Rican government announced the commitment for Costa Rica to become the first carbon neutral country by 2021 110 111 112 Costa Rica would be according to its leaders the first country in the world to have launched in 2019 a comprehensive decarbonization plan zero carbon emissions by 2050 113 Iceland Edit Main article Renewable energy in Iceland Iceland began utilising renewable energy early in the 20th century and so since has been a low carbon economy However since dramatic economic growth Iceland s emissions have increased significantly per capita As of 2009 Iceland energy is sourced from mostly geothermal energy and hydropower renewable energy in Iceland and since 1999 has provided over 70 of the nation s primary energy and 99 9 of Iceland s electricity 114 As a result of this Iceland s carbon emissions per capita are 62 lower than those of the United States 115 despite using more primary energy per capita 116 due to the fact that it is renewable and low cost Iceland seeks carbon neutrality and expects to use 100 renewable energy by 2050 by generating hydrogen fuel from renewable energy sources Peru Edit This section may contain an excessive amount of intricate detail that may interest only a particular audience Please help by spinning off or relocating any relevant information and removing excessive detail that may be against Wikipedia s inclusion policy May 2021 Learn how and when to remove this template message The Economic Commission for Latin America and the Caribbean ECLAC estimates that economic losses related to climate change for Peru could reach over 15 of national gross domestic product GDP by 2100 117 Being a large country with a long coastline snow capped mountains and sizeable forests Peru s varying ecosystems are extremely vulnerable to climate change Several mountain glaciers have already begun to retreat leading to water scarcity in some areas In the period between 1990 and 2015 Peru experienced a 99 increase in per capita carbon emissions from fossil fuel and cement production marking one of the largest increases amongst South American countries 118 Peru brought in a National Strategy on Climate Change in 2003 It is a detailed accounting of 11 strategic focuses that prioritize scientific research mitigation of climate change effects on the poor and creating Clean Development Mechanism CDM mitigation and adaptation policies 119 In 2010 the Peruvian Ministry of Environment published a Plan of Action for Adaptation and Mitigation of Climate Change 120 The Plan categorises existing and future programmes into seven action groups including reporting mechanisms on GHG emissions mitigation adaptation research and development of technology of systems financing and management and public education It also contains detailed budget information and analysis relating to climate change In 2014 Peru hosted the Twentieth Conference of the Parties of the United Nations Framework Convention on Climate Change UNFCCC COP20 negotiations 121 At the same time Peru enacted a new climate law which provides for the creation of a national greenhouse gas inventory system called INFOCARBONO 122 According to the Low Emission Development Strategies Global Partnership LEDS GP INFOCARBONO is a major transformation of the country s greenhouse gas management system Previously the system was under the sole control of the Peruvian Ministry of the Environment The new framework makes each relevant ministry responsible for their own share of greenhouse gas management United Kingdom Edit Main article Greenhouse gas emissions by the United Kingdom This section needs to be updated Please help update this article to reflect recent events or newly available information May 2021 In the United Kingdom the Climate Change Act 2008 outlining a framework for the transition to a low carbon economy became law on November 26 2008 It was the world s first long term legislation to reduce carbon emissions 123 This act requires an 80 cut in the UK s carbon emissions by 2050 compared to 1990 levels with an intermediate target of between 26 and 32 by 2020 124 Thus the UK became the first country to set such a long range and significant carbon reduction target into law A meeting at the Royal Society on 17 18 November 2008 concluded that an integrated approach making best use of all available technologies is required to move toward a low carbon future It was suggested by participants that it would be possible to move to a low carbon economy within a few decades but that urgent and sustained action is needed on several fronts 125 In June 2012 the UK coalition government announced the introduction of mandatory carbon reporting requiring around 1 100 of the UK s largest listed companies to report their greenhouse gas emissions every year Deputy Prime Minister Nick Clegg confirmed that emission reporting rules would come into effect from April 2013 in his piece for The Guardian 126 In July 2014 the UK Energy Savings Opportunity Scheme ESOS came into force 127 This requires all large businesses in the UK to undertake mandatory assessments looking at energy use and energy efficiency opportunities at least once every four years 128 The low carbon economy has been described as a UK success story accounting for more than 120 billion in annual sales and employing almost 1 million people A 2013 report suggests that over a third of the UK s economic growth in 2011 12 was likely to have come from green business 129 This data is complementary to the strong correlation between GDP per capita and national rates of energy consumption 123 See also Edit Global warming portal Economics portal Renewable energy portal Energy portalCarbon neutrality Carbon neutral fuel Fossil fuel phase out Life cycle greenhouse gas emissions of energy sources Vehicle emission standard Emissions trading Environmental economics Global Green Growth Institute Green industrial policy Low energy house Low carbon diet Low carbon fuel standard Sustainable energy World energy consumptionReferences Edit Decarbonised Economy Greenpeace India Archived from the original on 29 April 2015 Retrieved 30 May 2015 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