Business Live: Trade talks lift shares

2019-01-09 08:17:14

A new report has found that US carbon dioxide emissions rose by 3.4% in 2018 after three years of decline. The spike is the largest in eight years, according to Rhodium Group, an independent economic research firm. The data shows the US is unlikely to meet its pledge to reduce emissions by 2025 under the Paris climate agreement. Under President Donald Trump, the US is set to leave the Paris accord in 2020 while his administration has ended many existing environmental protections. Last year's spike comes despite a decline in coal-fired power plants; a record number were retired last year, according to the report. AFP.