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Annual Increase in Global CO2 Emissions Halved in 2008; Decrease in Fossil Oil Consumption, Increase in Renewables Share

Green Car Congress

JUNE 26, 2009

In addition to high oil prices and the financial crisis, the increased use of new renewable energy sources, such as biofuels for road transport and wind energy for electricity generation, had a noticeable and mitigating impact on CO 2 emissions. Coal consumption: lower increase due to financial crisis and more renewable electricity.

2008 170
2008 Oil Renewable Emissions 170
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Annual increases in CO2 slows down

Green Cars News

JUNE 28, 2009

With oil prices surging in the summer of 2008, the annual increase in global emissions of carbon dioxide (CO2) from oil, coal, gas and cement production appear to have halved according to preliminary estimates by the Netherlands Environmental Assessment Agency. Who said no good has come from the global financial crisis?

CO2 39
CO2 Netherlands 2008 2007 39
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