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Recession Confirms Close Relationship Between CO2 Emissions and Economic Growth
The FT carries a story today that demonstrates the close link between CO2 emissions and economic growth. Spun by the FT as carbon-climate claptrap, the International Energy Agency (IEA) reports and unparalleled fall in CO2 emissions, mainly due to falling industrial output, which will exceed even the 1981 recession driven by the oil crisis. The IEA sees this as good news for the tenuous link between CO2 and climate. Not good news, of course, for those who have lost their livelihoods.
Nice graph here of CO2 v GDP for 1990 to 2006:
http://sciencepolicy.colorado.edu/prometheus/wp-content/uploads/2009/01/co2gdp.jpg
Roger Pielke Jr’s view on the FT article:
http://rogerpielkejr.blogspot.com/2009/09/much-ado-about-very-little.html
and more from RPj on the FT’s ‘unrealism’ here:
http://rogerpielkejr.blogspot.com/2009/09/unwarranted-credulity-in-ft.html