The EU’s 15 oldest member states will meet their joint Kyoto protocol greenhouse gas reduction target, but only by a thin margin, according to latest projections released by the European environment agency on Friday. Meeting the target will rely on some countries using carbon sink accounting to adjust their emission figures, the analysis reveals.
Overall the prediction is less rosy than the agency’s similar assessment last year, which estimated more comfortable compliance with the collective requirement for an eight per cent cut in a basket of six greenhouse gases (EED 01/12/05). "These projections show there is no room for complacency or error," environment commissioner Stavros Dimas said on Friday.
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