CO2 targets eased for small, wealthy countries

Smaller member states with large CO2 reduction commitments will gain greater flexibility for meeting their targets and wealthier countries' goals will be adjusted to take account of cost-effectiveness

Smaller member states with large emission reduction commitments will gain greater flexibility for meeting their targets, EU leaders have agreed.

And wealthier member states will see their targets in sectors outside the emissions trading system, such as buildings, agriculture and transport, adjusted to take account of cost-effectiveness, the European Council agreed on Thursday.

Apart from this concession, emission reduction efforts will continue to be distributed among member states based on GDP per capita. The targets will range from no reduction to a 40% reduction relative to 2005 levels.

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