Wednesday, August 21, 2019 | ePaper
Global carbon emissions rose an 'unsustainable' two percent in 2018: study
Global carbon emissions grew by 2.0 per cent last year, the highest rate since 2010-2011, a closely-watched review by energy giant BP said on Tuesday, calling the trend "unsustainable".
"There is a growing mismatch between societal demands for action on climate change and the actual pace of progress, with energy demand and carbon emissions growing at their fastest rate for years," said BP chief executive Bob Dudley. "The world is on an unsustainable path," he said.
The BP Statistical Review of World Energy is viewed as an energy industry standard, pooling data on everything from the size of countries' oil reserves to their production of renewable energy and various consumption rates.
It found that global energy demand grew by 2.9 per cent. Part of that rise was met by booming shale rock reserve exploitation in the United States, which recorded the fastest rise of oil and natural gas production in the world, the report said.
Governments across the world are coming under intensifying pressure from campaigners to set deadlines by which they will cut their net greenhouse emissions to zero.
Britain's top advisory body on climate change has recommended that the government target 2050, the same date eyed by some other European governments.