Global Carbon Budget

The latest report from the Global Carbon Project suggests that  atmospheric CO2 had risen to 387 ppm by the end of 2009. This is on the back of a 1.3% fall in emissions from fossil fuels - significantly lower than had been predicted. The trouble is that these bald numbers mask a continuing rise in emissions from developing nations offset by falls from developed nations caused by the financial downturn. So, all in all, this is not good news - just likely to be a one-year blip with overall emissions predicted to be on the rise again this year. What price Cancun?