IEA says CO2 emissions hit record high in 2010, and 2020 reduction target "will be extremely challenging"
Filed under: Etc., Legislation and Policy
Energy-related CO2 emissions in 2010 were the highest ever recorded, according to estimates by the International Energy Agency (IEA). After a dip in 2009, CO2 emissions are estimated to have soared to 30.6 gigatons in 2010, a five percent jump from 2008 levels. In addition, the IEA estimates that 80 percent of projected emissions from the power sector in 2020 are already locked in, meaning that 80 percent of emissions in 2020 will come from power plants that are currently in use or under construction. Dr. Fatih Birol, chief economist at the IEA, says that: In terms of fuels, the IEA estimates that 44 percent of CO2 emissions in 2010 came from coal, 36 percent from oil and 20 percent from natural gas. Finally, the IEA concludes that economic growth - particularly in China and India - is partly responsible for the spike in CO2 emissions. [Source: International Energy Agency | Image: derek.chan - C.C. License 2.0]Our latest estimates are another wake-up call. The world has edged incredibly close to the level of emissions that should not be reached until 2020 if the 2 degrees Celsius target is to be attained. Given the shrinking room for maneuver in 2020, unless bold and decisive decisions are made very soon, it will be extremely challenging to succeed in achieving this global goal.
IEA says CO2 emissions hit record high in 2010, and 2020 reduction target "will be extremely challenging" originally appeared on Autoblog Green on Fri, 03 Jun 2011 11:54:00 EST. Please see our terms for use of feeds.
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