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"Carbon Emissions From Rich Nations Set To Rise in 2018: IEA"

"LONDON - Carbon dioxide emissions from the world’s advanced economies are set to rise slightly in 2018, breaking a five-year decline, mainly due to higher oil and natural gas use, the International Energy Agency (IEA) says.

Based on the latest energy data available, energy-related carbon dioxide (CO2) emissions in North America, the European Union and other advanced economies in Asia Pacific are set to increase by around 0.5 percent in 2018.

This is lower than the 2.4 percent rise in economic growth but ends the declining trend of the past five years, the IEA said in a statement on Tuesday."

Nina Chestney reports for Reuters December 4, 2018.

Source: Reuters, 12/05/2018