Sunday January 08, 2006 | ${log.root}/lowem.log Inflation, Investing and Everything |
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Most of Europe looks set to miss a set of goals to cut greenhouse gases under the Kyoto Protocol. Of 15 countries in Europe signed up to Kyoto, only Britain and Sweden were on target to meet their commitments on reducing harmful gas emissions by 2012. 10 nations - including Ireland, Italy and Spain - would fail to do so unless they took urgent action. The 1997 treaty sets legally binding targets for developed countries to reduce emissions of carbon dioxide and other gases blamed for global warming by 2012 compared with 1990 levels. However, the refusal by the United States - the world's biggest polluter - to sign up has limited its impact on improving the climate. Pledges to reduce harmful greenhouse gases, however, were of little use unless countries followed through with action, the IPPR warned. "We are nearing the point of no return on climate change," said the group's associate director Tony Grayling. "We have very little time left to start reducing global greenhouse gas emissions before irreparable damage is done," he said. "It is vital that EU countries keep their promises to cut pollution." See also : 1. Kyoto Protocol at Montreal (2006-01-08 22:14:01 SGT)
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