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Carbon Market
Industrialized Nations' CO2 Emissions Rose In 2007: UN.
"Carbon emissions by industrialized nations increased one percent in 2007, a 'worrying' rise ahead of a crunch climate summit in Copenhagen in December, the UN climate agency said Wednesday. Emissions in 2007 by 40 industrialized countries with reporting obligations under the UN Framework Convention on Climate Change (UNFCCC) were around four percent below 1990 levels, the UN Climate Change Secretariat (UNCCS) said...." [Agence France Presse/Factiva]
AP adds that "...EU countries did cut their emissions year-to-year, by an average of 1.6 percent, led by Denmark's 6.1 percent reduction. But the US, the biggest emitter in this group, increased its emissions by 1.4 percent, and the output of heat-trapping gases by Japan, Canada and Australia also rose, the data show...." [Associated Press/Factiva]
Greenwire reports that "...emissions in 2007...were around 4 percent below 1990 levels, the secretariat said. However, from 2000 to 2007, emissions rose 3 percent....Much of the decrease in CO2 emissions from 1990 levels is due to the economic decline of countries in Central and Eastern Europe after the fall of communism...." [Greenwire (US)/Factiva]
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