Europe to examine case for bigger CO2 cuts (BBC)

[eppur_se_muova]

By Roger Harrabin
Environment analyst, BBC News

Europe's climate commissioner Connie Hedegaard is to set out the case for a unilateral 30% EU cut in CO2.

At the end of May she will unveil research examining the consequences to Europe's economy of outdoing the current 20% target.
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She said that due to the recession, it is now a third cheaper to achieve the 20% target than when it was agreed in 2007.

"For an extra 11bn Euros on the sum originally proposed, the EU can now make a 30% CO2 cut," she said. Her paper will examine the costs and benefits of such a proposal.
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Ms Hedegaard said a new stimulus was desperately needed. She warned that so many 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 foreseeable future.
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more: http://news.bbc.co.uk/2/hi/science_and_environment/10109088.stm




Interesting ... first 20% was impossible, now it's practically on autopilot because of the recession? Makes you wonder if the skeptics ever know what they're talking about.