According to a report in the Financial Times yesterday, an International Energy Agency (IEA) report has found that worldwide carbon-dioxide emissions have undergone a "significant decline" this year, shrinking 2.6 per cent. This is said to be the steepest CO2 drop in the last four decades. And according to the IEA, one-quarter of the CO2 drop was actually a result of government policies, particularly those championed in the EU, US and China.
To read the Financial Times article,
click here.
For more commentary on the piece at The New Republic,
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For the first time, government policies to cut emissions have also had a significant impact. The IEA estimates that about a quarter of the reduction is the result of regulation, an "unprecedented" proportion. Three initiatives had a particular effect: Europe's target to cut emissions by 20 per cent by 2020; US car emission standards; and China's energy efficiency policies.
While the recession has had an impact, it was not solely responsible for the decrease. I, for one, am certainly not happy with the many layoffs that have happened worldwide. I do hope that greener Canadian technologies and know-how will be a major part of seeing an even greater shift in the future.
Either way, 2.6% isn't much to celebrate when a 100% reduction would barely save us.
Seth Scott, President
ProBorea Corporation
Climate Change and Sustainability Consultants
www.proborea.com