Carbon emissions cut by mere 0.7% since 2000

The world has reduced carbon emissions by a mere 0.7% a year since 2000, according to the PwC Low Carbon Economy Index 2011, which was released this week. The rate of reduction should have been 2% a year to decrease carbon emissions by 80% by 2050 and so limit global warming to 2°C – in line with agreements reached by governments in Cancun last year.

 

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