Global CO2 Emissions Continued to Increase in 2011, With Per Capita Emissions in China Reaching European Levels

Note that even a steady percentage increase each year would be the amount of increase each year was increasing. The increasing percentages mean the amounts are increasing even faster.

Eg. If you are 100, an increase of 3% results in 100*1.03 = 103.00, in increase in amount of 3.00
If there is another increase of 3%, the result is 103*1.03 = 106.09, in increase in amount of 3.09

This is an example of compound interest.

http://www.sciencedaily.com/releases/2012/07/120719115130.htm

ScienceDaily (July 19, 2012) — Global emissions of carbon dioxide (CO2) -- the main cause of global warming -- increased by 3% last year, reaching an all-time high of 34 billion tonnes in 2011. In China, the world's most populous country, average emissions of CO2 increased by 9% to 7.2 tonnes per capita. China is now within the range of 6 to 19 tonnes per capita emissions of the major industrialised countries. In the European Union, CO2 emissions dropped by 3% to 7.5 tonnes per capita. The United States remains one of the largest emitters of CO2, with 17.3 tones per capita, despite a decline due to the recession in 2008-2009, high oil prices and an increased share of natural gas.

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The 3% increase in global CO2 emissions in 2011 is above the past decade's average annual increase of 2.7%, with a decrease in 2008 and a surge of 5% in 2010. The top emitters contributing to the 34 billion tonnes of CO2 emitted globally in 2011 are: China (29%), the United States (16%), the European Union (11%), India (6%), the Russian Federation (5%) and Japan (4%).

An estimated cumulative global total of 420 billion tonnes of CO2 were emitted between 2000 and 2011 due to human activities, including deforestation. Scientific literature suggests that limiting the rise in average global temperature to 2°C above pre-industrial levels -- the target internationally adopted in UN climate negotiations -- is possible only if cumulative CO2 emissions in the period 2000-2050 do not exceed 1 000 to 1 500 billion tonnes. If the current global trend of increasing CO2 emissions continues, cumulative emissions will surpass this limit within the next two decades.

Fortunately, this trend is being mitigated by the expansion of renewable energy supplies, especially solar and wind energy and biofuels. The global share of these so-called modern renewables, which exclude hydropower, is growing at an accelerated speed and quadrupled from 1992 to 2011. This potentially represents about 0.8 billion tonnes of CO2 emissions avoided as a result of using renewable energy supplies in 2011, which is close to Germany's total CO2 emissions in 2011.