November 17, 2010 - With the 2010 UN climate
talks due to start in Cancun on November 29th, a new study rating
183 countries on their CO2 emissions from energy use has
identified United Arab Emirates, Australia, USA, Canada, Netherlands and Saudi Arabia as the six nations with the worst
performance in relation to CO2 pollution.
The CO2 Emissions from Energy Use Index (CEEI) is
produced by global risk advisory firm Maplecroft to raise awareness
and help companies identify their risk exposures.
It also helps to identify those countries which may be subject
to future regulation of CO2 emissions or pressure from
public interest groups to address emissions.
The index is calculated by evaluating countries' annual
CO2 emissions from energy use, CO2 emissions
per capita, and cumulative CO2 emissions from 1900 to
2006 to provide a complete picture of a country's CO2
polluting record.
UAE (1), Australia (2), USA (3), Canada (4), Netherlands (5) and
Saudi Arabia (6) are bottom of the ranking and the only countries
rated as 'extreme risk' by Maplecroft on the basis of their high
CO2 emissions from energy use.
The poor performance of UAE and Saudi Arabia is reflective of a
near 100% reliance on fossil fuels and their use of energy
intensive desalination plants to produce drinking water.
Saudi Arabia was the 11th highest global emitter in 2008 with
466 MtCO2. However, the desalination process that produces 70% of
the country's drinking water accounts for 50% of CO2
emissions. UAE dropped 15 places from last year to take the bottom
spot due to a huge 25% jump in its overall carbon output between
2006 and 2008 and a 20% rise in per capita emissions.
Maplecroft recognises that desalination is a positive way to
address water security but high emissions underline the need to
find more energy efficient innovations.
Australia, last
year's worst performing nation, remains ahead of USA on per capita
emissions with 20.82 tCO2 per person against 19.18 tCO2 per person
for the USA. A vast majority of Australia's electricity is sourced
from coal (44.5%), which is a key factor in Australia's per capita
emissions and the carbon intensity of energy in the country, which
is 20% higher than the global average.
USA (3) and Canada (4) both achieved decreases in emissions per
capita of 3.13% and 8.92% respectively, as well as reductions of
1.2% and 7.12% in their annual emissions from energy use. However,
both countries remain extreme risk in the index.
According to Maplecroft, the index takes on particular
significance for business when viewed through the lens of the
upcoming climate talks in Cancun. "As the world moves towards a low
carbon economy, more rigorous environmental policies may leave
companies exposed to costly operating expenses and new investment
requirements," said Maplecroft's Head of Maps and Indices, Fiona
Place.
"Energy intensive sectors, such as the extractive sector and
logistics, will be particularly vulnerable, but all areas of
business need to monitor the associated risks."
The Netherlands is the only European country to be rated
'extreme risk.' Natural gas discoveries in the 1980's saw consumer
prices in the country drop, which pushed it towards a high carbon
economy.
Emissions have since increased due to sustained economic growth;
with annual per capita rates of 15.86 tCO2 and total
emissions of 264.01 MtCO2. Germany (13), UK (15) and
France (24) all saw decreases in emissions between 2006 and 2008,
but this could be attributable to the economic downturn and they
are rated as 'high risk' due to both high emissions per capita and
high historical emissions.
The world's largest overall emitter of CO2, China
(26), is rated as high risk in the index. Despite the country
registering the highest globally recorded CO2 emissions
in 2008 at 6533 MtCO2, its per capita emissions are less
than 20% of that in Australia, and its cumulative emissions of
99,204 MtCO2 pale against the 323,916 MtCO2
emitted by the USA since 1900.
China's recent high emissions reflect its huge economic growth,
a reliance on coal as a fuel source, and large increases in the use
of cars and household appliances throughout its population. China's
president, Hu Juntao, has responded with an ambitious call to cut
emissions per unit of economic output by 40-45% of 2005 levels by
2020.
Register for trial access to
see examples of Maplecroft's indices, interactive maps, scorecards,
briefings and in-depth reports.