Friday, November 27, 2009

Isramart : Global CO2 emissions to drop 2.8 pct in ‘09 -report

Isramart news:
*CO2 emissions up 2 pct in ‘08, to dip 2.8 pct in ‘09-report

* Emissions from developing nations continue to soar

* Consumer demand from rich countries partly to blame (Adds details, quotes throughout)

SINGAPORE, Nov 18 (Reuters) – Global carbon dioxide emissions are set to fall an estimated 2.8 percent this year because of the financial crisis, after having risen two percent in 2008, a leading annual report on the globe’s “carbon budget” says.