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of Earth's climate influencing systems, such as feedbacks and the forcing and response associated with <br /> the non-0O2 GHG species. The uncertainty range associated with the new estimate is ±400 GtCO2. The <br /> large uncertainty range (relative to the target budget) illustrates just how difficult climate analysis is. <br /> These uncertainties are more important to the probability of success for a given budget estimate the <br /> closer warming is observed to the target limit. As such, it is likely that the absolute budget targets, or at <br /> the very least the estimated remaining time until emissions are required to reach carbon neutrality (net <br /> zero), is likely to change over time as emissions trajectories fluctuate and climate science continues to <br /> evolve. In the most basic terms,the uncertainty suggests that emissions need to start declining in the next <br /> decade to maintain reasonable progress.Staying within the remaining carbon budget of 420 GtCO2 implies <br /> that CO2 emissions reach net zero in about 20 years, or 30 years for a 580 GtCO2 budget.Additionally,the <br /> neutrality timelines assume an emissions trajectory following newly devised 1.5 pathways which limits <br /> cumulative GHGs to a higher degree than pledges made under the Paris Agreement afford. The 1.5 <br /> pathways have a global 2030 emissions target of approximately 25 to 30 GtCO2 in contrast to the Paris <br /> Agreement 2030 targets of 52 to 58 GtCO2 per year. Some of the latest research suggests that interim <br /> warming would exceed or overshoot the temperature targets prior to the end of the century. In these <br /> scenarios,the models assume negative emissions(sequestration)after net zero to regain the temperature <br /> target by 2100. The majority of these scenarios also employ uncertain technologies known as Carbon <br /> Dioxide Removal (CDR) measures to neutralize emissions from sources for which no known mitigation <br /> measures have been identified. Deploying CDR at scale is unproven, and reliance on such technology <br /> represent major risks, however CDR is needed less in mitigation scenarios with a particularly strong <br /> emphasis on energy efficiency and low demand for carbon-based fuels. <br /> Despite global awareness and acknowledgement of the climate change issue, emissions rates around the <br /> world continue to rise and are projected to continue doing so under most pathway scenarios in the short <br /> term. Modernization, population growth, and standard of living advances have all contributed to <br /> increased energy demand and land use changes that on balance have led to higher emissions year after <br /> year. According to the Global Carbon Project, cumulative CO2 emissions from fossil fuels were estimated <br /> to have reached 37.1 Gt in 2018.This value is equivalent to 9.83 PgC, and most closely approximates the <br /> RCP4.5 scenario relative to the 2020 emissions year. At current emissions rates the average face value of <br /> the budget (500 GtCO2) would be exhausted in approximately 13.48 years. Relative to the mean 2030 <br /> emissions budget target, existing global emissions would need to drop by approximately 26 percent over <br /> the next decade to maintain reasonable progress. Recent data from the EPA's Inventory of U.S. <br /> Greenhouse Gas Emissions and Sinks and estimates of U.S.emissions from the Global Carbon Project show <br /> that on average, the U.S. emits 14.2 percent of the global fossil fuel CO2 emissions on an annual basis <br /> (since 2015). In terms of the carbon budget, the annual U.S. emissions are equal to approximately just <br /> over 1 percent of the average face value. <br /> According to the Energy Information Administration (EIA) domestic energy production accounts for about <br /> 90 percent of all U.S. energy consumption.The three major fossil fuels— petroleum (28 percent), natural <br /> gas (31.8 percent), and coal (17.8 percent) —combined accounted for about 77.6 percent of this <br /> production, while renewable energy sources (12.7 percent) and nuclear electric power (9.6 percent) <br /> provide the remainder. The EIA's Annual Energy Outlook (AEO) report provides modeled projections of <br /> Dunn Ranch Area LBA and Mining Plan Modification 41 <br /> Technical Resources Report <br />