China spurred a jump in global carbon dioxide (CO2) emissions to their highest ever recorded level in 2011, offsetting falls in the United States and Europe, the International Energy Agency (IEA) said on Thursday.

CO2 emissions rose by 3.2 percent last year to 31.6 billion metric tons (34.83 billion tons), preliminary estimates from the Paris-based IEA showed.

China, the world's biggest emitter of CO2, made the largest contribution to the global rise, its emissions increasing by 9.3 percent, the body said, driven mainly by higher coal use.

Germany has asked for discussion on deeper EU carbon emissions cuts to be put on the agenda at a meeting of environment ministers in June, EU sources said.

If agreed, a more ambitious target could help to spur the European Union's carbon market, which has sunk to record lows.

Previous debate of bigger carbon cuts, however, has been difficult, with coal-reliant Poland objecting that they could damage its economy.

Global emissions of carbon dioxide (CO2) from fossil-fuel combustion rose by 3.2 percent last year to a record high of 31.6 gigatonnes, the IEA said in preliminary estimates released on Thursday.

China made the biggest contribution to the global rise, seeing its emissions increase by 9.3 percent, the Paris-based International Energy Agency said.

U.S. emissions fell 1.7 pct in 2011, mainly due to a switch to natural gas from coal in power plants and also a very mild winter that cut heating demand, the IEA said.

Scotland's University of Edinburgh on Wednesday opened a centre to research the use of carbon to retrieve oil otherwise hard to extract from reservoirs, a method which could unlock three billion barrels of trapped North Sea oil worth 190 billion pounds ($300 billion).

A number of developers of carbon capture and storage (CCS) projects have already suggested using the method, also known as enhanced oil recovery (EOR) that has been used in North America for decades, to enhance the economic viability of their plants which are expensive to finance.

At the Camp David meeting last week, G8 leaders agreed to act on climate change and air pollution by focusing on methane, black carbon (soot), and hydroflurocarbons (HFCs).

This is the logical follow up of a move in the same direction by the United States, China and other countries back to February. However, like the previous agreement, CO2 is still not mentioned.

The aforementioned greenhouse gases are much more potent but remain for much less time in the atmosphere than carbon dioxide

The Asian Development Bank (ADB) has participated in its first Shariah-compliant project financing, providing assistance to two projects to build wind farms close to the port city of Karachi, using two partial credit guarantees worth up to $66 million to the Islamic Development Bank (IDB).

“This transaction allows ADB to be more responsive to borrower demand and provides an opportunity to participate in the fast-growing Islamic finance market,” said ADB’s Private Sector Operations Department Senior Investment Specialist Siddhartha Shah.

Britain's ageing nuclear reactors, which were due to close in the next decade, are set to be kept open under a plan approved by the industry's regulator.

In a move that could have far-reaching implications for the government's energy policy, the Office for Nuclear Regulation has told the Guardian it is working with the country's dominant nuclear operator, the French-owned company EDF, to extend the life of its eight nuclear power stations in the UK, and that it is "content for the plants to continue to operate", as long as they pass regular safety tests.

Britain's drive to create a low-carbon economy is stalling, because the government is too reliant on voluntary action and the Treasury appears to regard the environment as an obstacle to economic growth, a parliamentary group warned on Monday.

Without a clear policy, Britain is unlikely to attract the billions of pounds of investment needed to develop cleaner energy sources and reduce its reliance on imported fossil fuels, the Environmental Audit Committee, a cross-party group of Members of Parliament, said.

Power is essential for India’s long-term growth. But electricity is unlikely to flow fast enough