Low Carbon Economy Index evaluates the rate of decarbonisation of the global economy that is needed to limit warming to 2oC. This report shows that global carbon intensity decreased between 2000 and 2011 by around 0.8% a year. In 2011, carbon intensity decreased by 0.7%. The global economy now needs to cut carbon intensity by 5.1% every year from now to 2050. Keeping to the 2oC carbon budget will require sustained and unprecedented reductions over four decades.
Governments’ ambitions to limit warming to 2oC appear highly unrealistic.
Tuesday, November 6, 2012
Pricewaterhouse Coopers Report Released: Too Late For Two Degrees? Low Carbon Economy Index 2012
Recently, Pricewaterhouse Coopers LLP a United Kingdom based multinational professional service accountancy firm released a report titled, Too Late For Two Degrees? Low Carbon Economy Index 2012(2012). According to the16-page report available here,