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IAE finds that renewable energy and efficiency are significantly reducing greenhouse gas emissions

Renewable energy sources really making a difference! http://www.enn.com/business/article/48343 Global emissions of carbon dioxide from the energy sector stalled in 2014, marking the first time in 40 years in which there was a halt or reduction in emissions of the greenhouse gas that was not tied to an economic downturn, according to new data from the International Energy Agency (IEA).

“This gives me even more hope that humankind will be able to work together to combat climatechange, the most important threat facing us today,” said IEA Chief Economist Fatih Birol, recently named to take over from Maria van der Hoeven as the next IEA Executive Director.

Global emissions of carbon dioxide stood at 32.3 billion tonnes in 2014, unchanged from the preceding year. The preliminary IEA data suggest that efforts to mitigate climate change may be having a more pronounced effect on emissions than had previously been thought.

The IEA attributes the halt in emissions growth to changing patterns of energy consumption in China and OECD countries. In China, 2014 saw greater generation of electricity from renewable sources, such as hydropower, solar and wind, and less burning of coal.In OECD economies, recent efforts to promote more sustainable growth – including greater energy efficiency and more renewable energy – are producing the desired effect of decoupling economic growth from greenhouse gas emissions.

“This is both a very welcome surprise and a significant one,” added Birol. “It provides much-needed momentum to negotiators preparing to forge a global climate deal in Paris in December: for the first time, greenhouse gas emissions are decoupling from economic growth.”

March 16, 2015 - Posted by | 2 WORLD, renewable

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