Austria "would gain from firm climate action"

Report to government finds stronger measure would boost economic growth, employment

Austria would benefit economically from more ambitious climate policies, according to a report to government by the Austrian institute of economic research (Wifo). Aiming at greenhouse gas emissions reductions beyond those committed under the Kyoto protocol would boost economic growth and employment and increase the government's revenue, the report concludes.

Under the EU's burden sharing arrangement, Austria is committed to a 13% cut in greenhouse gas emissions between 1990 and 2008-12 but is not on track to achieve it. The government approved a wide-ranging climate strategy last year, but admits to serious delays in implementation (EED 12/09/00).

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