CO2 emissions need be cut down by 30% until the year 2020

Jul 25, 2012 07:29 GMT  ·  By

Not very long ago, it was agreed upon that, until 2020, Europe and several other nations should work long and hard to bring down CO2 emissions by as much as 20% when compared to the levels recorded in 1990.

However, a report made public as of today by the Energy and Climate Change Committee argues that the time has come to push for an even more ambitious cut down on carbon dioxide emissions.

As explained on the official website for UK's Parliament, the carbon reduction target presently taken into consideration by most national governments when planning and implementing their development and industrial project is bound to be easily reached because of recession.

More precisely, growth and production rates were lowered to a considerable extent, which naturally translated into less carbon being produced.

Therefore, a new standard must be established as soon as possible.

Apparently, the Energy and Climate Change Committee believes that it is well within our society's reach to cut down CO2 emissions by as much as 30% within the same time frame, provided that a new international climate agreement is reached as soon as 2015.

It is believed that, should Europe consider taking the first steps towards this new greener standard, most of the world's remaining nations would soon follow its lead.

Business Green informs us that Tim Yeo from the Energy and Climate Change Committee made a case of how “Europe can be proud of the leadership it has showed on climate change: introducing the world's first emissions trading scheme and keeping the Kyoto Protocol alive when it could have collapsed.”

He further argued, “It [Europe] must now show leadership again by setting a more ambitious goal to bolster the chances of a new agreement being reached in 2015.”

Apparently, a new international carbon reduction target could be easily agreed upon in 2015, as at that time China will be putting together its development plan for the next five years and the US would be well capable of introducing measures in Congress.