Subscribe free to our newsletters via your
. 24/7 Space News .

EU on track to exceed Kyoto emissions goal
by Staff Writers
Brussels (UPI) Oct 26, 2012

disclaimer: image is for illustration purposes only

The European Union is on track to not only meet but exceed greenhouse gas reduction goals set by the 1997 Kyoto Protocol, an analysis indicated this week.

The European Environment Agency this week published its latest research on greenhouse gas trends in the European Union and found that last year's emissions continued a decreasing trend established in 2004.

The agency determined emissions from the 27-member European Union have fallen 18 percent since the 1990 baseline year, including 2.5 percent in 2011 when compared to 2010.

Europe's Kyoto target for 2020 is a 20 percent reduction.

The EU-15 of Austria, Belgium, Britain, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, Spain and Sweden reported an even larger decrease in emissions from 2010 at 3.6 percent.

The substantial greenhouse gas cuts have come despite a 48 percent jump in the European Union's gross domestic product since 1990 and a 1.5 percent rise last year, the EEA said.

"While the economy has grown significantly, emissions in both the EU-27 and the EU-15 have been decreasing, which demonstrates that the decoupling of economic growth from (greenhouse gas) emissions has been progressing steadily since 1990," the agency said.

The EEA concluded that projections indicated the EU-15 is "well on track to reach its Kyoto target. The estimate shows that the target is likely to be overachieved."

EU Commissioner for Climate Action Connie Hedegaard praised the results of the report, saying they prove tackling climate change doesn't have to come at the expense of growth.

"The EU is delivering on its Kyoto commitment," she said. "While our economy grew 48 percent since 1990, emissions are down 18 percent. These figures prove once again that emissions can be cut without sacrificing the economy."

Hedegaard warned, however, that achieving the final 2 percent emissions reductions needed to reach the Kyoto levels isn't a foregone conclusion.

"Now, it is important to keep the direction," she said. "Reaching the 20 percent target in 2020 does not come automatically. It calls for continued efforts. Furthermore, through new initiatives and legislation, like the Energy Efficiency Directive, the EU is on track to reduce more than the 20 percent."

The EEA report also assessed the performances of individual countries. Britain led the way with emissions reductions of 36 million tons of carbon dioxide equivalent in 2011 -- a 6 percent slide -- while France fell by 5 percent and Germany by 2 percent.

Nine EU-15 members, however, were on track to miss Kyoto targets, the report said. The biggest among them were Spain and Italy, which were on a pace to miss Kyoto targets by 17 and 6 percent, respectively.

Those countries, whose economies are reeling from recession and debt issues, will be faced with having to buy carbon credits under the United Nations' emissions trading system if they can't reduce their emissions enough, The Guardian reported.

Carbon credits -- around $6.50 per cwt -- are relatively cheap but the countries could still be on the hook for tens of millions of dollars if the goals aren't met.


Related Links
Climate Science News - Modeling, Mitigation Adaptation

Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks DiggDigg RedditReddit GoogleGoogle

Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

Pollution tax stokes Australian inflation
Sydney (AFP) Oct 24, 2012
Australian inflation came in ahead of forecasts Wednesday, rising a seasonally adjusted 1.2 percent in the September quarter as electricity prices jumped following the introduction of a pollution tax. The Australian Bureau of Statistics said the consumer price index was 2.0 percent higher on-year as power prices rocketed 15.3 percent. Analysts had expected quarter-on-quarter inflation of ... read more

NASA's LADEE Spacecraft Gets Final Science Instrument Installed

Astrium presents results of its study into automatic landing near the Moon's south pole

European mission to search for moon water

Model reconciles Lunar Earth composition with giant impact theory

Opportunity Undertakes Survey Drives Of Local Area

Assessing Drop-Off to Mars Rover's Observation Tray

Valles Marineris - the largest canyon in the Solar System

Curiosity Rover Collects Fourth Scoop of Martian Soil

Space daredevil Baumgartner is 'officially retired'

NASA must reinvest in nanotechnology research, according to new Rice University paper

Austrian space diver no stranger to danger

Baumgartner feat boosts hopes for imperilled astronauts

China to launch 11 meteorological satellites by 2020

China makes progress in spaceflight research

Patience for Tiangong

China launches civilian technology satellites

New crew docks with ISS: Russia

ISS Crew Gets Ready for New Expedition 33 Trio

New ISS Crew Confirmed

Russia launches three astronauts to ISS

Pleiades 1B joins its launcher at the Spaceport for Arianespace's Soyuz mission in November

S. Korea readies third bid to join global space club

Brazil eyes closer space cooperation with Ukraine

S. Korea plans third rocket launch bid Friday

New Study Brings a Doubted Exoplanet 'Back from the Dead'

New small satellite will study super-Earths for ESA

Most Planetary Systems are 'Flatter than Pancakes'

Glitch could end NASA planet search

A new take on the Midas touch - changing the colour of gold

Northrop Grumman Matures Laser Threat Terminator Technology to Address Emerging Threats

US DoE's Ames Laboratory improving process to recycle rare-earth materials

Droplet response to electric voltage in solids exposed

The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement