Global carbon dioxide emissions look to have flatlined in 2019 despite widespread expectations of further growth, with the International Energy Agency (IEA) welcoming the latest figures as encouraging evidence that “we can tackle the climate challenge this decade”. After two years of growth, global CO2 emissions from energy were unchanged at 33 gigatonnes last year, even as the world economy expanded by 2.9 per cent in GDP terms, data released today by the IEA indicates – defying expectations the growth trend would continue in 2019. The global energy agency put the halt in CO2 growth down to declining emissions from power generation in advanced economies such as the EU and the US, thanks in large part to the expanding role of renewable energy sources such as wind and solar. Fuel sources switching from coal to natural gas as well as rising nuclear power generation also played a key role in curbing emissions, it said. Other factors helping to stem emissions growth last year included milder weather in several countries, as well as sluggish economic growth in some emerging markets, according to the IEA.
Business Green 11th Feb 2020 read more »
FT 11th Feb 2020 read more »