Word: summits
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...summit's chairman, Slovenian Prime Minister Janez Jan'a, said the blueprint to move to a low-carbon economy was nothing short of a "third industrial revolution." Giving the leaders' debate an added frisson was a warning that climate change could even spark wars. E.U. foreign policy chief Javier Solana presented the leaders with a report saying that global warming will have a growing impact on global security, multiplying existing threats such as shortages of food and water. His report said that climate change could cause millions of people to migrate toward Europe as other parts of the world suffer...
...more finely-tuned implementation program is expected to strengthen the E.U.'s bargaining position ahead of the final negotiations on a successor to the Kyoto agreement, which are to be finalized at a summit in Copenhagen next December. E.U. leaders added that they could even offer a 30% cut in emissions by 2020 if a workable international agreement is reached...
...tough decisions on how to implement the agreed measures. Industries have complained that they will have to bear most of the burden, and German Chancellor Angela Merkel has warned she will not sacrifice the German car industry on the altar of emissions cutting. A last-minute change to the summit conclusions said emission targets should be introduced so as to "avoid excessive costs for member states," potentially opening the door to backsliding. Mahi Sideridou, a Greenpeace policy analyst, said the agreement had offered little beyond "some misplaced protectionist language to appease heavy industry." There are other uncertainties. Officials are already...
...Kyoto Accord. But it now needs to show it can walk the walk, since the Union is still lagging badly in achieving its stated goal of a 20% cut in greenhouse gas emissions by 2020 compared with 1990 levels. On Friday, E.U. leaders ended their two-day Brussels summit by throwing their weight behind a more precise timetable for those goals. Still, not everyone is convinced they showed enough backbone to ensure that they stick...
...What's more, the leaders have already rejected one measure touted as a boost to the environment: a plan to cut sales tax, or VAT, on green goods and services to just 5%. British Prime Minister Gordon Brown, backed by French President Nicolas Sarkozy, was politely rebuffed at the summit when he outlined his proposal to give favorable tax treatment to such products as low-energy light bulbs and fridges...