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EU's domestic-only climate proposal reflects global stalemate

2014-03-12 20:47:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The European Union had little choice in proposing not to outsource more of its emission cuts abroad to meet a 2030 target because the slow pace of global talks to develop new carbon markets gave it nothing to buy, a senior EU official said. The European Commission in January proposed cutting the bloc's greenhouse gas output by 40 percent under 1990 levels entirely from reductions made within the 28-nation EU unless a global climate change agreement requires it to deepen the goal. Juergen Lefevere,...

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