05.29.08

Unintended Consequences 2: Creative thinking

Posted in Climate Change, Politics at 7:35 am by justakim

As the EU combats climate change, Eastern European countries want previous economic setbacks to count.

The EU plans on cutting emissions by 1/5 of 1990 levels by 2020. Targets were distributed to each country based on their 2005 emissions.

Seven of the Eastern European countries want their economic downturn in the 1990’s to count as ‘reductions’ in emissions. They want what they did not emit in the past to count towards their goal.

“By 2005 a significant part of the 20 percent target — namely 7.9 percent — has already been realized,” said a proposal drafted by Hungary ahead of next week’s meeting of environment ministers in Luxembourg.

“In the opinion of Bulgaria, Estonia, Hungary, Latvia, Lithuania, Romania and Slovakia these early reduction efforts should be duly recognized and rewarded in the effort sharing and/or ETS proposal,” added the proposal, obtained by Reuters.

Being rewarded for having had economic trouble? Wow. As a friend noted, maybe we can still get something out of the Great Depression.

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