Effects of Covid on Co2 Reduction and Climate Change
Abstract
Soon after the surge of Covid-19, the world got into a state of lockdown and everything was halted. There was great reduction in movement of the people both local and international. Less traffic, both air and road, was a rare sight and industrial production was reduced to a great number, as work from home was encouraged. All these factors contributed to steep decline of the carbon and nitrogen emissions. But now as the activities partially resume and governments all around the globe are introducing relief packages for the economy, it is feared that during all this the climate change may be neglected and such decisions may be taken that may impact climate change in severest way. In this paper we discuss how COVID-19 has decrease the climate change temporarily but it may bounce back once the economic activities resume as usual and how governments can take decisions to stabilize the economy while keeping in mind the climate change mitigation.
Downloads
Article Analytics Summary
References
Air pollution goes down as Europe takes hard measures to combat coronavirus. (2020, March 25). Retrieved from European Environmental Agency: https://www.eea.europa.eu/highlights/air-pollution-goes-down-as
Bourzac, K. (2020, September 5). COVID-19 lockdowns had strange effects on air pollution across the globe. Retrieved from Chemical & Engineering News: https://cen.acs.org/environment/atmospheric-chemistry/COVID-19-lockdowns-had-strange-effects-on-air-pollution-across-the-globe/98/i37 DOI: https://doi.org/10.1021/cen-09837-cover
Bryn Battersby, W. R. (2020, May 20). Tracking the $9 Trillion Global Fiscal Support to Fight COVID-19. Retrieved from IMFBlog: https://blogs.imf.org/2020/05/20/tracking-the-9-trillion-global-fiscal-support-to-fight-covid-19/
Cameron Hepburn, B. O. (2020, May 8). Will COVID-19 fiscal recovery packages accelerate or retard progress on climate change? Oxford Review of Economic Policy, 36(Supplement_1), S359–S381. Retrieved from https://academic.oup.com/oxrep/article/36/Supplement_1/S359/5832003?searchresult=1#207811689 DOI: https://doi.org/10.1093/oxrep/graa015
Catrin Sohrabi, Z. A.-J. (2020). World Health Organization declares global emergency: A review of the 2019 novel coronavirus (COVID-19). International Journal of Surgery, Pages 71-76. DOI: https://doi.org/10.1016/j.ijsu.2020.02.034
Corinne Le Quéré, R. B.-G. (2020, May 19). Temporary reduction in daily global CO2 emissions during the COVID-19 forced confinement. Retrieved from Nature Climate Change: https://www.nature.com/articles/s41558-020-0797-x#citeas DOI: https://doi.org/10.1038/s41558-020-0797-x
Depledge, J. (2000, August). TRACING THE ORIGINS OF THE KYOTO PROTOCOL: AN ARTICLE BY ARTICLE TEXTUAL HISTORY. Retrieved from unfccc: http://unfccc.int/resource/docs/tp/tp0200.pdf
Framework Convention on, Report of the Conference of the Parties on its sixteenth session, held in Cancun from 29 November to 10 December 2010 . (2011, March 15). Retrieved from UNFCCC: http://unfccc.int/resource/docs/2010/cop16/eng/07a01.pdf#page=2
Gillam, C. (2020, October 15). While We Focus on COVID-19, Trump’s EPA Is Quietly Killing Us. Retrieved from EcoWatch: https://www.ecowatch.com/trump-epa-rollbacks-covid-2648440328.html
Luca Lo Re, E. A. (2019, July 5). Carbon market negotiations under the Paris Agreement. Retrieved from IEA: https://www.iea.org/commentaries/carbon-market-negotiations-under-the-paris-agreement
Nikitina, I. O. (2020, March 24). COVID-19: Russian legal impact. Retrieved from White & Case: https://www.whitecase.com/publications/alert/covid-19-russian-legal-impact
R Maria del Rio-Chanona, P. M. (2020, August 19). Supply and demand shocks in the COVID-19 pandemic: an industry and occupation perspective. Oxford Review of Economic Policy, Volume 36(Issue Supplement_1), S94–S137. Retrieved from https://academic.oup.com/oxrep/article/36/Supplement_1/S94/5899019?searchresult=1 DOI: https://doi.org/10.1093/oxrep/graa033
R. Maria del Rio-Chanona, P. M. (2020, April 14). Supply and demand shocks in the COVID-19 pandemic: An industry and occupation perspective. Retrieved from Cornell University: https://arxiv.org/abs/2004.06759 DOI: https://doi.org/10.1093/oxrep/graa033
Wu, X. N. (2020). Fine particulate matter and COVID-19 mortality in the United States, A national study on long-term exposure to air pollution and COVID-19 mortality in the United States. Retrieved from Harvard University: https://projects.iq.harvard.edu/covid-pm DOI: https://doi.org/10.1101/2020.04.05.20054502
Zhu Liu, P. C. (2020, October 14). Near-real-time monitoring of global CO2 emissions reveals the effects of the COVID-19 pandemic. Retrieved from Nature Communications: https://www.nature.com/articles/s41467-020-18922-7#:~:text=We%20estimate%20that%20total%20global,%25%20in%2020201%2C23.
Copyright (c) 2020 Ume Laila, Najma Sadiq, Tahir Mehmood, Muhammad Fahad Shoaib
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
CSRC Publishing and JAFEE adhere to Creative Commons Attribution-Non Commercial 4.0 International License. The authors, submitting and publishing in the Journal of Accounting and Finance in Emerging Economies published by CSRC Publishing, retain the copyright of their work and give the journal right to publish their work agreeing to the licensing policy under Creative Common Attribution-Non Commercial (NC-BY-NC 4.0) International. Under this license, the published authors let others remix, tweak, and build upon their work non-commercially. Yet all the other authors using the content of CSRC Publishing are required to cite author(s), journal name and publisher in their work. CSRC Publishing and JAFEE follow an Open Access Policy for copyright and licensing.
