For the fourth year in a row, Europe has reduced its carbon dioxide emissions, with CO2 output falling by 1.3 percent in 2008. The recession appears to be the main factor in the emissions reduction, as factories were idled across the continent. But European Union Environmental Commissioner Stavros Dimas said the EU’s emissions trading scheme and development of renewable energy sources also is playing a part in the reduction. “This is a timely message to the rest of the world in the run-up to the Copenhagen climate conference,” said Dimas. The EU has now cut emissions 6.2 percent over 1990 levels and is on track to meet a target under the Kyoto Protocol for reducing emissions 8 percent below 1990 levels during the period 2008 to 2012. Meanwhile, the EU began restricting the sale of incandescent light bulbs, requiring that stores no longer be allowed to buy or import most incandescent bulbs. Once current stocks are exhausted, merchants will only sell more energy-efficient compact fluorescent bulbs.
Europe Poised To Meet Kyoto Target: Does This Mean The Much-Maligned European Trading System Is A Success?
Cap And Trade Works!
Europeans Form Renewable Energy Agency
World Governments Adopting A Bright Idea