The unexpected dip could either be a temporary blip or true hope that the world is about to turn the corner on carbon pollution as climate talks continue in Paris, said the authors of a study published today in the journal Nature Climate Change. One skeptical scientist offered a USD 10,000 bet that world emissions will keep rising. Still, some leaders cheered the study.
"That shouldn't tell us we don't need to do anything, but that shows there is action," Janos Pasztor, the United Nations Assistant Secretary General for climate change, told The Associated Press at the Paris climate talks. "Things are going in the right direction. All we need is a strong agreement."
That's a 0.6 per cent decrease, but there's a margin of error so the difference from last year to this could be as big a drop of 1.6 per cent or actually a 0.5 per cent increase, the study said.
The projected global emissions for 2015 calculate to the world spewing on average 68 million kilograms (150 million pounds) of carbon dioxide each minute.
The team's emissions figures for 2014 not projections but hard data show a 0.6 per cent increase from 2013, about 200 million metric tons. That's much lower than previous annual rates. From 2000 to 2009, world heat-trapping gas emissions grew about 3.3 per cent a year and in recent years it was in the 1 to 2.5 per cent range, said study co-author Corinne Le Quere of the University of East Anglia. But it could also be a blip with emissions going right back up, she said.
US Environmental Protection Administrator Gina McCarthy said: "I will take the blip any day; it's much better than saying it's increasing. But I think it may just represent a strategy that will be more long term.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
