text: Total CO emissions from energy use were 5% below their 1990 level in 2007. Over the period 1990–2007, CO emissions from energy use have decreased on average by 0.3%/year although the economic activity (GDP) increased by 2.3%/year. After dropping until 1994 (−1.6%/year), the CO emissions have increased steadily (0.4%/year on average) until 2003 and decreased slowly again since (on average by 0.6%/year). Total CO emissions per capita decreased from 8.7 t in 1990 to 7.8 t in 2007, that is to say a decrease by 10%.
  Almost 40% of the reduction in CO intensity is due to increased use of energy carriers with lower emission factors.
  Total CO emissions per unit of GDP, the “CO intensity”, decreased more rapidly than energy intensity: by 2.3%/year and 1.4%/year, respectively, on average between 1990 and 2007.
  However, while the reports from 2007 suggest that the CO emissions are going down recent studies find that the global emissions are rapidly escalating. According to the Climate Change 2022 Mitigation of Climate Change report, conducted by the IPCC, it states that it 2019 the world emissions output was 59 gigatonnes. This shows that global emissions has grown rapidly, increasing by about 2.1% each year compared from the previous decade.
  The Commodity Exchange Bratislava (CEB) has calculated carbon intensity for Voluntary Emissions Reduction projects carbon intensity in 2012 to be 0.343 tn/MWh.
  According to data from the European Commission, in order to achieve the EU goal of decreasing greenhouse gas emissions by at least 55% by 2030 compared to 1990, EU-based energy investment has to double from the previous decade to more than €400 billion annually this decade. This includes the roughly €300 billion in yearly investment required for energy efficiency and the roughly €120 billion required for power networks and renewable energy facilities.