A new study by the Stockholm Environment Institute should boost the argument for a higher EU emissions reduction target. It shows Europe can cut its emissions by 40% by 2020, without offsets, nuclear power, carbon capture and storage or biofuels.
The Swedish Society for Nature Conservation (SSNC), Sweden’s largest environmental NGO, welcomes the study and encourages the EU to adopt a minus 40% target ahead of Copenhagen, regardless of what the rest of the world does. Nicholas Stern made it clear that action is a lot more cost-efficient than "wait and see". More than 200 companies participating in SSNC’s "Climate Relay" campaign say a 40% emissions cut would benefit the economy of industrialised countries.
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