[ Director: Mário Frota [ Coordenador Editorial: José Carlos Fernandes Pereira [ Fundado em 30-11-1999 [ Edição III [ Ano X

quarta-feira, 17 de maio de 2017

The EU: What happened to climate’s poster child?

Energy and climate change are once more set to hit the headlines, as EU leaders will meet in Brussels to discuss European Commission proposals on how to turn ambitious green goals into concrete laws.
[Olivier Hoslet/EPA]
But after years of taking the lead in talks on a global climate pact, and making tough policy and investment choices to lessen fossil fuel reliance at home, the bloc’s resolve now seems to be flagging, analysts say.
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Only three member states on track to meet Paris goals

Only three European countries are on course to achieve the Paris Agreement targets, according to research which ranks the UK in fifth position on its progress towards the landmark climate treaty. EURACTIV’s partner edie.net reports.

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Europe is responsible for about 10% of global emissions.

As the world’s nations meet in Bonn to negotiate a rulebook for executing the climate rescue Paris Agreement, adopted in 2015 to limit emissions from burning oil, coal, and gas, here is a look at Europe’s role.

History 

Having been at the forefront of the Industrial Revolution that sparked the large-scale carbon dioxide pollution of Earth’s atmosphere now blamed for global warming, Europe took the lead hundreds of years later in shifting to cleaner energy generated by sources such as the sun, waves and wind.

It was instrumental in passing, and keeping alive, the 1997 Kyoto Protocol, the Paris Agreement’s predecessor, despite opposition from the United States and other developed countries.

Europe also created the first, still the biggest, carbon market in a bid to incentivise companies to pollute less.

The Emissions Trading System limits emissions and allows companies to trade in allowances not used.

Then what happened?
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