Global emissions quickly exceeding 'carbon budget'
source: http://www.guardian.co.uk/environment/2009/dec/01/global-emissions-carbon-budget-pwc
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The world is rapidly depleting its "carbon budget" for the first half of this century and must slash the carbon intensity of the global economy, a new report said today.
Economists and climate change experts at PricewaterhouseCoopers (PwC) said their new research highlights the need for an ambitious carbon reduction agreement at the Copenhagen climate conference, which starts next week.
The report's authors calculated the global carbon budget between 2000 and 2050 required to limit temperature rises to 2C, the climate threshold defined as "dangerous" by the EU.
A fifth of that budget had been used up by 2008, they said, meaning the world is already 10% off the necessary trajectory to hit the target. The carbon "debt" in 2008 was equivalent to the joint emissions of the US and China.
http://www.guardian.co.uk/environment/2009/dec/01/global-emissions-carbon-budget...
Economists and climate change experts at PricewaterhouseCoopers (PwC) said their new research highlights the need for an ambitious carbon reduction agreement at the Copenhagen climate conference, which starts next week.
The report's authors calculated the global carbon budget between 2000 and 2050 required to limit temperature rises to 2C, the climate threshold defined as "dangerous" by the EU.
A fifth of that budget had been used up by 2008, they said, meaning the world is already 10% off the necessary trajectory to hit the target. The carbon "debt" in 2008 was equivalent to the joint emissions of the US and China.
http://www.guardian.co.uk/environment/2009/dec/01/global-emissions-carbon-budget...
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