Carbon dioxide (CO2) emissions, the root cause of global warming, will hit record levels this year, a report prepared by the CSIRO has claimed.
The report claimed that CO2 emissions from the burning fossil fuels, such as coal, oil and gas, would accelerate once again, after dipping during the global financial crisis that severely hit developed economies.
CO2 levels dipped 1.3 per cent last year as industrial production decreased due to financial crisis. The report predicted that CO2 emissions would rise by more than 3 per cent in 2010, greater than the average annual rise for the past decade.
Pep Canadell, report's lead researcher, explained that they based their results on the incredible recovery that the IMF was expecting from the global economy this year. Despite a narrowing of 0.6 per cent in GDP in the last two years, the IMF was predicting that GDP would grow by 4.8 per cent in 2010.
Commenting on the issue, Dr. Canadell said, "Even if this figure of 4.8 [per cent] declines slightly due to instability in the markets, basically what you are going to still see is emissions which will be larger than the highest recorded emissions in 2008."
Last week, the US National Oceanic & Atmospheric Administration said that the average temperatures last month across sea and land were 14.73 degrees, more than half a degree above the 20th-century average.