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EU to fine Spain for not fulfilling Kyoto protocol
The European Commission has opened the process necessary to fine Spain for not fulfilling two of the commitments it acquired when it signed the Kyoto protocol. Spain promised to inform Brussels before January 15 about the amount of greenhouse gases it emitted in 2004, and about the amount of emissions it will be permitted between 2008 and 2012; it has not done so. The environmental ministry chalked up the delay to "exceptional difficulties" in gathering the data. Spain, Luxembourg, Italy, and Germany have not turned over their emissions data for 2004 to the EC. The EU had promised to reduce its emissions of greenhouse gases by 8% between 1990 and 2004, with different requirements for each of its member countries. Spain had permission to increase its carbon dioxide emissions by 15%. However, as of 2003, Spain's emissions had increased by almost 41% compared with 1990. In a report filed with the United Nations, the Spanish environmental ministry predicted that in 2010, Spain's carbon dioxide emissions would have increased by 49% over 1990. The Kyoto protocol is supposedly to go into effect between 2008 and 2012, and Spain will be unable to meet its commitments. Doing so would cost at least 20 billion, at least 600,000 jobs, and two percentage points of inflation, not counting the companies that would move to countries where environmental restrictions are less costly. A 49% increase in CO2 in emissions. Nice to see Kyoto is working. Posted by: phil_b 2006-04-13 |
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