Sadly, the anwer appears to be no.
"Figures for the past five years suggest carbon emissions have risen by 2.5% each year, which indicates they could still rise by 0.25% this year, despite the economic downturn. The rise will continue to be driven by coal-fuelled economic growth in China and India, Bowen said, but more slowly than before.
Pieter Tans, a scientist with the US National Oceanic and Atmospheric Administration (NOAA), which monitors CO2 in the atmosphere, said: "I see no sign of any slowdown of the global trend." Carbon dioxide levels have risen by between 2 and 3 parts per million (ppm) each year over the past decade. Tans said a 6% drop in emissions — equivalent to a near 7% drop in GDP — would reduce that annual growth rate only by 0.24ppm. "This is well within the year-to-year natural variability of the CO2 increase we have observed over many decades."
Preliminary measurements show the amount of CO2 in the atmosphere reached a new high of 386.6ppm in December 2008."