Several sources pointed out significant effects on the global economy due to the COVID-19 pandemic, and as a side effect, greenhouse gas emissions, and the energy and electricity industries are expected to be impacted. A scenario presented by the investment group Goldman Sachs, stated that variations in the gross domestic product (GDP) of the United States would represent a decrease in the residential energy demand, compared to a business-as-usual scenario, reaching around 18.7 trillion British thermal units.
Emissions and energy impact due to coronavirus (COVID-19) in the United States in 2020, by case*
Characteristic
Goldman Sachs case
EIA case
IMF case
Greenhouse gas emissions (in million metric tons of carbon dioxide equivalent)
5,294
5,100
5,071
Industrial energy demand (in trillion British thermal units)
18,688
18,149
18,068
Residential energy demand (in trillion British thermal units)
10,870
10,786
10,773
Commercial energy demand (in trillion British thermal units)
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Energy Innovation. (May 1, 2020). Emissions and energy impact due to coronavirus (COVID-19) in the United States in 2020, by case* [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1122299/impacts-emission-energy-covid-19-us-by-case/
Energy Innovation. "Emissions and energy impact due to coronavirus (COVID-19) in the United States in 2020, by case*." Chart. May 1, 2020. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1122299/impacts-emission-energy-covid-19-us-by-case/
Energy Innovation. (2020). Emissions and energy impact due to coronavirus (COVID-19) in the United States in 2020, by case*. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1122299/impacts-emission-energy-covid-19-us-by-case/
Energy Innovation. "Emissions and Energy Impact Due to Coronavirus (Covid-19) in The United States in 2020, by Case*." Statista, Statista Inc., 1 May 2020, https://www.statista.com/statistics/1122299/impacts-emission-energy-covid-19-us-by-case/
Energy Innovation, Emissions and energy impact due to coronavirus (COVID-19) in the United States in 2020, by case* Statista, https://www.statista.com/statistics/1122299/impacts-emission-energy-covid-19-us-by-case/ (last visited December 30, 2024)
Emissions and energy impact due to coronavirus (COVID-19) in the United States in 2020, by case* [Graph], Energy Innovation, May 1, 2020. [Online]. Available: https://www.statista.com/statistics/1122299/impacts-emission-energy-covid-19-us-by-case/
