Maxwell Bernstein | April 17, 2020
The economic effects of COVID-19 are contributing to the largest reduction in carbon dioxide emissions since the end of World War II according to Newsweek. This year would entail the first reduction of carbon dioxide emissions since the 1.4% drop after the 2008 financial crisis.
The economic standstill of COVID-19 is predicted to decrease global carbon emissions by 5% in 2020 according to Utility Dive, a website that covers topics on trends in the utility industry.
This decline is due to less transportation-use and less demand on the power sector from commercial businesses; the two major drivers of air pollution. Fewer people are traveling and working in order to maintain social distancing to reduce the spread of COVID-19.
