Thursday, June 11, 2015

Why global carbon emissions stalled in 2014 while world economy grew by 3.2%?

According to the BP Statistical Review of World Energy 2015 it happened because of sharp deceleration of global primary energy consumption and strong shift of energy production growth from fossil fuels to renewables.
 Chinese consumption growth was the slowest since 1998 and energy consumption in the EU fell to its lowest level since 1985. From the supply side, low-carbon energy sources led the race in  2014 – solar output expended by 38% and wind – by 10%. At the same time, coal demand growth slumped from 3.6% over the decade to just 0.4% last year, and oil and gas also grew by less than 1%, far below historical averages.  Read more at