Excerpt:
As the European Union prepares to overshoot its Kyoto greenhouse gas (GHG) emission targets by a substantial margin (joined by Japan, Canada, and other countries that promised to reduce their emissions under Kyoto), Europe is gearing up for international negotiations on post-Kyoto GHG reduction commitments.
Since significant GHG reductions are likely to cause serious hardship, the EU doesn’t want to kick its economy too hard unless other countries, particularly the United States, agree to hobble themselves as well. Yesterday’s New York Times headline “Europeans Agree to Cut Emissions Sharply if U.S. and Others Follow Suit” tells the story: “European officials want other parts of the world, including the United States, to adopt European-style restrictions on emissions to fight climate change, thus helping European businesses compete globally at a time when the European Union is toughening regulation in sectors like air travel, car manufacturing and construction.”
Source: National Review Online - Planet Gore: 22 FEBRUARY 2007: EU to US: We’ll Shoot Ourselves in the Foot if You Shoot Yourselves in the Foot
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