by Shakuntala Makhijani and Alexander Ochs

 The European Environment Agency (EEA) yesterday released its greenhouse gas inventory for 2008, showing a two-percent fall from 2007 levels across EU-27 countries and an 11.3-percent reduction from 1990 levels. The new data also show that the EU-15 (the 15 only EU members in 1997 when the Kyoto Protocol was negotiated) have reduced emissions by 6.9 percent since 1990, putting those countries on track to meet their Kyoto Protocol commitment of reducing 2008-2012 emissions by an average of 8-percent below 1990 levels. The European Commission points out that the EU-15 emission reduction—a 1.9-percent drop from 2007 to 2008—came as the region’s economy grew 0.6 percent, suggesting that economic growth and emissions cuts can be compatible.

Just last month, the European Commission had announced that emissions covered under the EU Emissions Trading System (ETS) fell even more rapidly: verified emissions from covered installations were 11.6-percent lower last year than in 2008. EU Climate Action Commissioner Connie Hedegaard cautioned that these reductions are largely due to the economic crisis, as opposed to ambitious actions by covered industry. The crisis has also weakened price signals in the trading scheme and slowed business investment in emissions-reducing innovations.

Earlier this year, the European Commission began arguing that the Union should commit to deeper cuts than a 20-percent reduction from 1990 levels by 2020, calling instead for a 30-percent decrease. It released figures showing that

by Thomas Kleine‐Brockhoff

FACET Commentary No. 24 – January 2010

It has only been a few years since the Europeans – suffering under what they felt to be the yoke of George Bush – longed for a multipolar world. No one expressed this sentiment more eloquently than former French foreign minister, Dominique de Villepin. He envisioned a world in which the “international community” would direct all of its energy into building “a new world order.” Better than the unipolar order, this “world of cooperation” would help “every nation to mobilize” in the shared interests of all. At the most recent UN Climate Conference, the nature of this new world order became apparent. [READ FULL TEXT]

by Christopher Flavin

FACET Commentary No. 23 – December 2009

President Obama’s speech in Copenhagen last Friday included a line that few who had spent the past two weeks listening to bickering negotiators would disagree with: “While the reality of climate change is not in doubt, I have to be honest, I think our ability to take collective action is in doubt right now and it hangs in the balance.” Also hanging in the balance is the habitability of the planet. The Copenhagen conference did not come close to setting the world on a path to stabilizing the climate (…) While it is tempting to respond to the near collapse in Copenhagen with a combination of anger and despair, neither will lead to the result that we and others believe is urgently needed: the transition to a low‐carbon economy in the decades immediately ahead. [READ FULL TEXT]