Global CO2 emissions at record levels - IWR: global renenewable energy investment plan necessary
Muenster, Germany - Global CO2 emissions in 2008 rose to 31.5 billion metric tons, up from 30.9 billion metric tons in 2007. German renewable energy industry institute IWR announced that this is the tenth time in a row that record levels have been achieved.
Yet, at the same time, worldwide more than 120 billion euros were invested in renewable energy plants (electricity, heat, fuel) last year. "The level of direct investment in renewable energy plants worldwide needs to at least quadruple to approximately 500 billion euros each year to slow down the increasing demand for fossil fuels and stabilize global CO2 emissions," states IWR Director Dr. Norbert Allnoch. One way to achieve this goal is to link climate-damaging emissions to investments in renewable energies to a greater extent. The comprehensive CO2 emission ranking by country and the necessary levels of investment for the individual countries can be found in the Monthly Report "Renewable Energy Industry":
Global C02 emissions 2008 and renewable energy investment plan
Source: IWR Online, 11 Aug 2009
