The Global Carbon Project issued its “Carbon Budget 2008” yesterday which concludes, among other things, that carbon dioxide emissions have increased by 29% since 2000. In addition, the emissions are 41% above 1990 levels, which is the Kyoto reference year.
The summary of the report also notes that coal is the largest source of carbon dioxide emissions and that 90% of the increase in emissions from coal are the result of increased use of coal by China and India.