03 Apr '11, 1pm

Developed countries reaffirm commitments to reduce global warming pollution

(5-25% below 2000 levels) reaffirmed that they will cut their emissions to 5% below 2000 levels unconditionally and will increase that target to 15-25% below 2000 levels in the context of an “ambitious global deal” (see fact sheet). These cuts assume the continuation of existing Kyoto Protocol rules, so these include some sources of land-use, land-use change and forestry (LULUCF) and access to international offsets. (Note that there are some LULUCF emissions which aren’t required to be reported under the Kyoto Protocol so it is raises questions of why they aren’t including these new sources in the future). They have already implemented in legislation a national renewable energy target which requires that 20% of electricity come from renewable energy by 2020. They have invested AUD 500 million in carbon capture and storage and AUD 500 million in industrial scale solar. They...

Full article: http://switchboard.nrdc.org/blogs/jschmidt/developed_coun...

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