CO2, the world losing its battle

“Strong, global agreement a must in Copenhagen”

Worldwide emissions of CO2 increased by 1.94 percent in 2008 compared to the previous year. Overall, emissions are up 40 percent since 1990, baseline year for the Kyoto protocol.

These numbers come from a new analysis by German-based Institute for Renewable Energy (IWR), and “if confirmed by further analysis – comments Franco Cavalleri, environmental expert – they clearly show the Kyoto Protocol is not working and a new, global, and efficient agreement is badly needed in Copenhagen.”

Meetings and works on the way to the basic COP16 meeting in December are growing.

Leaders of the U.S., Mexico and Canada agreed Aug. 10 to begin to forge a “low-carbon North America,” reports Environment News Service. President Barack Obama, President Felipe Calderon of Mexico and Prime Minister Stephen Harper of Canada, spoke about cooperating on an emissions trading system, as well as constructing a smart grid across the continent. The three also discussed strategies for utilizing carbon sequestration technologies. The three nations agreed to develop a “North American Carbon Atlas” that would require uniform mapping methodology and data sharing regarding carbon emissions sources and potential storage sites in North America.

“This is an example of actions needed. But Nations and leaders have to go much further: agreements must be firmly implemented, and their outcomes and results carefully collected and analyzed”.

What actions could eventually guarantee the better results, in a long-term planing and vision?

“Renewable energy is the only way. The world needs raise investments in renewables from about $170 billion in 2008 to at least $700 billion to be effective in reducing emissions,” says Cavalleri. Investments which would also help the world out of the current global financial crisis.


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