Europe to examine case for bigger CO2 cuts
30% EU cut in CO2.
economy of outdoing the current 20% target.
drive the clean energy innovation Europe needed.
the International Institute for Environment and Development.
20% target than when it was agreed in 2007.
a 30% CO2 cut,” she said. Her paper will examine the costs and benefits of such
energy security – and, crucially, the stimulus it would give to low-carbon innovation
carbon permits had been held unused in the EU, and so many credits were available
on the carbon market that firms could carry on with business as usual for the
invention, she said.
any plans from the Commission to adopt a 30% CO2 cut without reciprocal agreements
from the US. That is the current EU position.
the carbon quotas had been arranged to protect their interests.
a passionate speech she urged delegates to the UN climate talks to concentrate
on what could be agreed, rather than on areas of disagreement.
agreement rubber-stamping parts of the Copenhagen Accord (not supported by all
UN members), along with progress in new areas.
climate; the target of a 2C maximum increase in temperature; guidance on verifying
emissions; adaptation to a changing climate; forestry and fast-start finance.
climate change is on the rise in some countries – particularly, she said, the
UK. “The day we have 100pc certainty it’s too late to act,” she said.
would not deliver and the carbon markets would not work, she told BBC News: “Given
the huge disappointments of this year it is understandable that some people would
say we should find a different approach.
that they bear a share of the responsibility for protecting the climate and keeping
temperature rise below 2C – that would have been inconceivable if you had suggested
it a few years ago.
more finance for clean development if we can drive up the carbon price somehow.
from 20 to 30% by 2020 if other world powers sign up for similar action. The ministers
said they also reached accord on tough action on deforestation and agreed that
aviation would have to cut its emissions by 10% by 2020 compared with 2005 levels
and shipping by 20%.”
science) by 2020, which Scotalnd may not be able to meet.