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The Low Carbon Economy Ltd

07 Oct 2009 09:10:03

Recession may cut carbon emissions

Recession may cut carbon emissions
The global economic crisis has contributed to a reduction in carbon emissions during 2009, a new report has indicated.

Research from the International Energy Agency (IEA) suggested that man-made greenhouse gas emissions will decrease by three percent this year.

There has been less industrial work carried out due to the drop in demand from businesses, while cuts have also been achieved through new environmental schemes.

These include countries, companies and communities launching renewable energy initiatives, which have contributed to the largest emissions drop in more than 40 years.

IEA executive director Nobuo Tanaka presented an early excerpt from the organisation's forthcoming world energy outlook study in Bangkok.

He said: "The message is simple and stark: if the world continues on the basis of today's energy and climate policies, the consequences of climate change will be severe.

"Energy is at the heart of the problem - and so must form the core of the solution."

The IEA will host a conference with 28 IEA member country energy ministers in Paris on October 14th and 15th.



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