Friday, September 25, 2009

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Thanks to the crisis, CO2 down!

The hope is that what's going to happen to the teams fighting to avoid relegation to the bench when the radio announces that a rival committed to another field is losing. , And galvanize the forces that once seemed just an impossible becomes within reach. Negotiations on an international agreement to combat climate change and regulate greenhouse gas emissions are struggling to make headway. The chances that the upcoming meeting of the UN conference in Copenhagen in December will eventually lead to nothing aumen.tano day by day. But while international diplomacy idling, to give a sharp cut to the burning of fossil fuels there is thinking about the global recession.

In late 2009, according to estimates published by the International Energy Agency in anticipation of his usual, the amount of carbon dioxide into the atmosphere will mark a fall of around 2.6% over the previous year, The most striking decline for 40 years now. "The final collapse came in 1981 as a result of the oil shock and the economic crisis," said IEA chief economist Fatih Birol told Reuters.

From environmental point of view because it is a very positive, but that could turn into a Pyrrhic victory if left to itself. Birol's invitation, addressed to world leaders is in fact to tame the dragon of CO2 now that is on earth. "This drop in emissions and investment in the field of fossil fuels - is projected by the noted commenting - take on a meaning only with an agreement signed in Copenhagen in a position to send a clear signal to investors." "We had a change because of changes in energy demand and putting a lot of energy investments - he added - but we have to see how we will turn it into a unique opportunity."

The danger is that in fact the great opportunity offered by this setback can not be grasped in its full potential, allowing the return emissions to peak when the economy will recover to run. The decline in emissions IEA CO2 from the certificate does not arrive, however, unexpected. Several national institutions were carried out in recent days by projection on a local scale. The Energy Information Administration has estimated such a collapse in U.S. emissions by 6%, while Deutsche Bank estimates for Europe speak of a decline between 4 and 5%.

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