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Global Carbon Emission Growth Down in 2008, Recession The Cause

A study by Dutch analysts found that the growth of global carbon dioxide emissions dropped dramatically in 2008. So what's the bad news?

Gas pump.

Photo: aJ GAZMEN ツ GucciBeaR (Flickr)

Global carbon emission growth dropped 50% in 2008, but recession and high oil prices were largely to blame.

gas

A recent study by Dutch analysts found that the growth of global carbon dioxide emissions halved in 2008, which is good news.

However, the report suggests that human maneuvers like using more renewable energy and trying to be more socially conscious, were only a minor cause for the downturn.

Instead, they cite the high oil prices earlier this year and the global recession in 2008′s latter half as the major forces. Both factors led to a decrease in oil consumption for the first time since 1992, and the United States consumption of the resource fell a substantial seven percent.

It will certainly be interesting to see what happens this year with the economy “supposedly” on the rebound and oil prices rising again.

Read More:

  • Growth of global carbon emissions halved in 2008, say Dutch researchers (Guardian.co.uk)
  • Stocks to Post Big Gains, Economy to Rebound: Pros (CNBC)
  • Oil Prices: $65 and Rising (Wall Street Journal)
Cory Barker

Cory Barker is a summer intern for Earth Eats and senior IU student from Hartford City, Indiana. He is double majoring in journalism and communication and culture with a minor in business.

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