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Current greenhouse gas emissions trends will not deliver Obama’s US targets

22-Apr-10 10:15 | IGCC Secretariat (administrator)
London, April 21, 2010 - The latest report from the Carbon Disclosure Project (CDP) reveals a growing carbon chasm between US emissions trends and the cuts needed to reverse emissions output to meet President Obama’s target.

CDP has analysed data from its annual information collection from S&P 100 companies for the years 2007 - 2009 and found that greenhouse gas emissions will, at their current trajectory, produce a 3.66% absolute increase in emissions by 2020, relative to 2009 levels. This figure is far off the 1.05% reduction level per annum which CDP calculates is required to reach President Obama’s US 2020 target. While some sectors have reduced their emissions over the past three years, total emissions reported to CDP from S&P 100 companies increased at a rate of 0.36% and as the economy recovers, growth in absolute emissions is likely to increase further.
 
Click here to download a copy of the media release

Click here to download a copy of the report
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