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:
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