Wednesday, 26 October 2011

Global CO2 emissions are on the rise again, energy report warns

Global CO2 emissions are expected to rise again following the first decrease in over a decade, according to the latest statistics released today by the International Energy Agency (IEA).

The report states that due to the 2008-2009 economic crisis global CO2 emissions decreased for the first time since 1990, but a large rebound is anticipated in 2010

While carbon dioxide emissions in developing countries continued to grow in 2009 (+3.3%), emissions of developed countries fell sharply (-6.5%), according to a new publication. Most of the reduction, however, comes from a decrease in the energy consumption due to the 2008-2009 economic crisis.

Statistics for 2009 show that emission levels for the group of countries participating in the Kyoto Protocol – a multinational agreement to mitigate climate change – were just shy of 15% below their 1990 level.

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