Pollution Solutions 2010 Buyers Guide

EU on Track to Meet or Over-Achieve Kyoto Emissions Target
The EU is on track to deliver on its Kyoto Protocol commitments for reducing or limiting emissions of greenhouse gases, the European Commission’s annual progress report on emissions shows.

The latest projections indicate that the EU-15 countries will meet their 8 per cent reduction target under the Kyoto Protocol. Out of the 12 remaining EU member states, 10 have also individual commitments under the protocol. It is projected that they will reduce their emissions to 6 or 8 per cent below base year levels. This will be achieved through a combination of policies and measures already taken, the purchase of emission credits from projects in third countries, the acquisition of allowances and credits by participants in the EU Emissions Trading System (EU ETS), and forestry activities that absorb carbon from the atmosphere.

Environment Commissioner Stavros Dimas said: "These projections further cement the EU’s leadership in delivering on our international commitments to combat climate change. They show the EU-15 is well on track to meet its Kyoto target for 2008-2012. And with the EU climate and energy package adopted earlier this year we have already put in place the key measures to reduce our emissions much further to at least 20 per cent below 1990 levels by 2020. No other region of the world has yet done this."

"But a 20 per cent cut is not enough to prevent dangerous climate change, and that is why the EU has pledged to scale up our reduction to 30 per cent, provided other major emitters contribute their fair share to an ambitious global climate agreement in December in Copenhagen. It is crucial that our partners in the industrialised world and the big emerging economies live up to their responsibilities."........................................

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