Annual Increase in Global CO2 Emissions Halved in 2008; Decrease in Fossil Oil Consumption, Increase in Renewables Share
Green Car Congress
JUNE 26, 2009
Since 2002, the average annual increase was almost 4%. In particular in the US, where gasoline prices almost doubled in the summer of 2008 compared to 2007 levels, oil consumption dropped 7% decrease. In China, oil consumption increased by 3% in 2008, according to BP data, which was down from 5% in 2007 and 8%, on average, since 2001.
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