Monday, October 12, 2015

World Took Step Towards Greener GDP in 2014; More Needed:  PwC

GDP Map (Credit: eea.europa.eu) Click to Enlarge.
Governments took a step towards greener economic growth in 2014 but will need to do far more to limit rising temperatures to a United Nations goal of two degrees Celsius (3.6 Fahrenheit), a study by accountancy firm PwC said on Monday.

The carbon intensity of the world economy - the amount of greenhouse gases emitted per dollar of gross domestic product (GDP) - fell by 2.7 percent in 2014, the steepest decline since PwC started issuing reports seven years ago, it said.

"The 2014 numbers suggest a turning point" towards making growth less dependent on fossil fuels, said PwC, a network of firms in 157 countries in assurance, advisory and tax services.

World GDP rose by 3.2 percent in 2014, while carbon emissions rose by just 0.5 percent, it said.

Read more at World Took Step Towards Greener GDP in 2014; More Needed:  PwC

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