Since we all stepped into the 21st century, we are hearing about global greenhouse gas emissions. And, who do you think is causing it? We are the ones behind this. Yes, unbelievable but true. We are digging our own graves. If you go by the records, then U.S. greenhouse gas emissions equalled 6,577 million metric tons of carbon dioxide equivalents in 2019. It is the second-largest in the world after China. The greenhouse gas emission has contributed to climate change. The UK stood at 451.1 million tonnes. Although, the UK has committed to carbon neutrality by 2050.
Climate change is one of the biggest threats, that mankind faces today. Developing countries like India and Indonesia are most impacted. Developing countries like ours, are making a substantial movement towards advancement. However, these emissions and the vagaries of climate change have far-reaching effects today. If we are unable to control this, it can lead to malnutrition, diarrhoea, and heat stress. This severely affects girls and women the most. Today, the reality graph says that females can play a significant role in controlling the impact.
Moreover, developing countries like ours have a warmer climate. And, the effects of global warming can further aggravate the situation. Agriculture, forestry, and tourism are a few industries that are heavily reliant on the climate, in our case. Floods and intense cyclones are making it evident in coastal cities like Mumbai and Kolkata. Rising sea levels due to global warming is also leading to decreased crop yield today. As global warming progresses, the least affected will be the UK. Although, if the developing nations are not faring well, it will affect the UK at some point in time. You will be surprised to know, that China accounts for the largest percentage of co2 emissions. Moreover, it has the highest energy consumption with respect to US, India And Russia. With respect to previous years, it almost increased by 3.4%. Developed countries like the European Union, Japan, and the US contribute to 79% of global greenhouse gas emissions. Developed nations are into rapid industrialization, and all for a good reason. However, if one has to progress, fossil fuel technologies seem to be a way of life. The utilization of renewable energy resources has significantly reduced emissions like the UK.
Global temperatures can rise by over 2 degrees, and cause a catastrophe. Glaciers and icebergs have already started melting in the arctic poles. That is a cause for concern today. However, everybody understands that initial prices may go up, due to alternative deployment of energy resources. Governments around the world are trying their best to deploy cost-effective measures to control such emissions. The only way out for developing countries is through UN intervention. Carbon taxation on fossil fuel consumption in Mexica seems to have lowered its usage. In fact, most Latin American countries are taking the same route today.
Developing nations like South-Asian ones have to take the cheaper route of utilizing fossil fuels initially to grow. There seems to be no alternative route. The only way out may be through government intervention and policy formation, which stresses tax benefits for the industries to thrive. Climate change is a global problem, that needs a global solution. Let us all join hands in reducing fossil fuel consumption for a better world to live in.