EnergyWatch

IEA has both good and bad news on emissions

The world's global carbon emissions are at a historic high, says the International Energy Agency, but they remain flat for the third year in a row despite global growth.

According to the International Energy Agency (IEA), global carbon emissions did not increase for the third year in a row. However the agency also states that for the same period, the global economy grew by 3.1 percent – suggesting that there is no longer a correlation between economic growth and greenhouse gases, as has historically been the case.

"These three years of flat emissions in a growing global economy signal an emerging trend and that is certainly a cause for optimism, even if it is too soon to say that global emissions have definitely peaked," said Dr Fatih Birol, the IEA’s executive director, in a press release.

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