RENEWABLES MAKE 2015 CO2 EMISSIONS STABLE SECOND YEAR IN A ROW - UNPRECEDENTED, HUGE, SAYS IEA CHIEF

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16 march 2016

[The IEA report referred to in the FT article can be found here]

Climate battle bears early fruit as global energy emissions stall

Pilita Clark, Environment Correspondent, Financial Times, March 16, 2016

Carbon pollution levels stayed flat for the second year in a row last year new data show, even though the global economy kept growing, in a sign that efforts to tackle climate change may be bearing fruit faster than thought.

A surge in renewable power around the world was the main reason energy-related emissions stalled, the International Energy Agency has found, reflecting rising levels of clean power investment that last year reached a record $328.9bn globally.

Over 90 per cent of new electricity generated last year came from renewable sources, the highest level seen since 1974, with half the growth coming from wind farms alone, according to the Paris-based monitoring organisation.

“This is unprecedented. This is huge,” Fatih Birol, IEA executive director, told the Financial Times.

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