Europe (EU-15) to Easily Beat Kyoto Target

[RoyGBiv]

My apologies if this is a dupe. Search isn't currently working.

Europe made a major commitment under the Kyoto Protocol that U.S. conservatives have been telling us for years it would never achieve. In fact, the Europeans are poised to surpass their targets under the terms of the Protocol. It is no longer plausible for those who don’t want a U.S. cap-and-trade system to point to the European Trading System (ETS) as a failure. Quite the reverse.

• A report by the European Environment Agency released today shows that the European Union and all Member States but one are on track to meet their Kyoto Protocol commitments to limit and reduce greenhouse gas (GHG) emissions.



• Whereas the Protocol requires that the EU-15 reduce average emissions during 2008–2012 to 8% below 1990 levels, the latest projections indicate that the EU-15 will go further, reaching a total reduction of more than 13 % below the base year.…

But the bottom is clear: Conservatives and other opponents of the climate bill have been insisting for years the Europeans won’t meet their Kyoto targets and that the ETS was a failure, proof that the U.S. shouldn’t adopt a similar approach. They were wrong on every count. The EU-15 will exceed their Kyoto target, and the ETS is helping them do it (emphasis in original). An even better designed trading system in this country, such as is found in both the House and Senate climate bills, can help the U.S. reduce its emissions in a timely and cost-effective manner.

http://climateprogress.org/2009/11/12/europe-exceed-kyoto-target-european-trading-system-has-worked/

[Warren Stupidity]

1. Quite frankly we are an arrogant staggering embarrassment. nt.

[RoyGBiv]

2. And I think that just about says it n/t

[and-justice-for-all]

3. Indeed..nt

[RoyGBiv]

4. Morning Kick