The Global Carbon Project projected emissions to fall 0.4% from the previous year's record to 38.2 billion metric tonnes of carbon dioxide. (EPA Images pic)LONDON: Global fossil fuel carbon emissions are set to fall this year, because of high energy prices and increased use of renewable power, though it is too soon to say they have peaked, a consortium of international scientists said on Tuesday.

Emissions are projected to ease by 0.4% from the previous year’s record level to 38.2 billion metric tonnes of carbon dioxide, the Global Carbon Project said.

Scientists who contributed to the report said that renewable energy deployment needed to accelerate to send carbon emissions into more definite decline.