China to boost carbon emissions to record levels this year

China’s growth will drive carbon dioxide emissions to record levesls this year, keeping the world far short of the cuts needed to prevent a 2-degree Celsius rise in average temperatues that could have catastrophic effects around the globe, Reuters reported, citing a study. More than half of proven fossil fuel reserves may have to stay in the ground if governments are serious about the pledge to cut emissions, the Global Carbon Project report said, with emissions set to climb by 2.5% in 2014 to a new record 37 billion tons. Emissions by China alone have soared to eclipse those of the United States and European union combined.