Money crisis takes bite out of carbon emissions
7 Apr 2009
The collapse of industrial output in the world economic crisis is producing a plunge in carbon emission far exceeding any governmental targets, new data from the European Commission suggests.
Figures from the EU executive on Europe's Emissions Trading Scheme show that carbon emissions for 2008 are down 6 per cent on 2007, according to a preliminary analysis of the raw numbers by Point Carbon, an Oslo-based research institute.
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