China Leads the Way in Record Carbon Emissions

World carbon dioxide emissions will hit a record high this year, driven by China’s growth and keeping the world far off track from the deep cuts needed to limit climate change, a study said on Sunday.

More than half of proven fossil fuel reserves may have to stay in the ground if governments are serious about a promise made in 2010 to limit a rise in average temperatures to 2 degrees Celsius (3.6F) above pre-industrial times, the Global Carbon Project report by leading research institutes said.

Emissions of carbon dioxide from burning fossil fuels and cement production will climb by 2.5 percent to a new record 37.0 billion tonnes in 2014, according to the report issued before a United Nations climate summit in New York on Tuesday.

CNBC

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