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IEA revises emissions predictions following economic downturn

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Global CO2 emissions from the energy sector could decline by up to 3% this year because of economic contraction, says the International Energy Agency (IEA). The new IEA report says that such a decrease would be the sharpest in 40 years. As a consequence, the IEA has revised its baseline emission projections for 2020 at 5% lower than it predicted last year.

The IEA’s World Energy Outlook will officially be launched on 10 November, and will contain a substantial climate analysis.

A press release from the International Energy Agency can be found here:

http://www.iea.org/press/pressdetail.asp?PRESS_REL_ID=290