http://org.eea.eu.int/documents/newsreleases/ghg_inventory_report-en has an article about the latest annual report from the European Environment Agency on greenhouse gas emissions in Europe. Many emissions were up by 1-2% versus 2002, although the article also stated that overall emissions are down since 1990, the base year for the Kyoto Protocol. (Personal note: I am not a fan of the Kyoto Protocol.)
A couple of things I noticed in the article that were interesting:
- Member states can invest in emissions-saving projects in other countries that have ratified the Kyoto Protocol in order to meet the emissions goal of the member state doing the investing. (The limitation of investment to other countries that have ratified the Kyoto Protocol is something that I am chuckling about, it blatantly shows a collision of cynicism & idealism.)
- The article also notes that there is an EU emissions trading scheme. Wasn’t there a huge uproar over here among environmentalists about emissions trading in legislation?