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A view of the Temple of Heaven in Beijing s Tiantan Park on Feb. 19, 2020.Artyom Ivanov鈥擳ASS/Getty ImagesBy Akshat Rathi and Jeremy Hodges / BloombergFebruary 19, 2020 12:45 PM ESTOne of the deadliest epidemics in decades has dented energy demand and industrial output in China, cutting carbon dioxide emissions by about 100 million metric tonsmdash;close to what Chile emits in a year.A new analysis by the climate nonprofit Carbon Brief found that the widespread impact of the virusmdash;including travel restrictions, longer holidays, and stanley cup lower economic activitymdash;means that neither has recovered from t stanley cup he usual lull around the Chinese New Year, a roughly two-week festival that began this year on January 25.The report looked at emissions during the two-week period beginning 10 days after the start of t stanley cup he festival and compared that to the same period for each of the previous five years. Over that period in 2019, China emitted 400 million metric tons of carbon dioxide; this yearrsquo figure is likely closer to 300 million metric tons.Sign up for our daily coronavirus newsletter by clicking on this link, and please send any tips, leads, and stories to virus@time.Coal consumption also has yet to recover from its usual holiday breather. A month before the Lunar New Year, burning of the dirtiest fossil fuel was in line with previous yearsrsquo; rates. Since then, itrsquo fallen to a four-year low, according to the analysis.Although pictures of empty city centers and public Iqor Actor and Model Godfrey Gao Dies While Competing on Chinese Reality TV Show
Emissions rise from smokestacks at the Kentucky Utilities Co. E.W. Brown generating station in Harrodsburg, Kentucky, U.S., on Tuesday, Oct. 20, 2015.Luke Sharrett鈥擝loomberg via Getty ImagesBy Justin WorlandUpdated: February 15 air max , 2020 2:27 PM | Originally published: February 13, 2020 1:56 PM EST;The long list of big companies backing a carbon tax as a solution to climate change grew this week with financial giant J.P. Morgan Chase Co. endorsing a legislative plan billed as a centrist approach to reducing emissions.The announcement comes as the Climate Leadership Council CLC , the organization behind the proposal, which was first released in 2017, redoubles efforts to promote the plan before an expected introduction in Congress as the conversation around various climate solutions heats up in Washington.The CLC announced new backersmdash;inclu yeezy ding former Energy Secretary Ernest Moniz and former UN climate chief Christiana Figueresmdash;and released internal poll numbers showing bipartisan voter support for the plan. Supporters now include a broad coalition of companies, from oil giants like ExxonMobil to tech behemoths jordan like Microsoft, major environmental groups like Conservation International, and a range of economists and political leaders.The markets can and will do much to address climate change, David Solomon, CEO of Goldman Sachs, a founding member of the CLC, told TIME in an emailed statement. But given the magnitude and urgency of this c