Friday, August 17, 2012

Is the EU 'juking the stats' of its carbon schemes? | Arthur Neslen

2:40 PM | Posted by Free Game Zone | | Edit Post

EU target is the time in the world's most ambitious, but to what extent it is based on false accounting?

The EU has gained much credit in the international climate. He was driven through a road map for a second Kyoto agreement on climate change summit in Durban, and closes by pulling the world's airlines in a carbon pricing scheme.

More than anything, it showed good faith with a series of avant-garde of decarbonisation targets at home: the objectives of "20-20-20". In 2020, the EU pledged to reduce emissions of greenhouse gas emissions by 20% over its 1990 level, and increase the share of renewables to 20% of the energy mix. It also has a voluntary target to improve energy efficiency by 20% from 2005 levels, and the obligation to provide 10% of transportation fuels from renewable energy sources for the same year.

"We do not expect the talks to end binding targets," said Commissioner climate, Connie Hedegaard, in Brussels, shortly before the summit in Durban. "We're trying to move forward with our roadmap for energy efficiency in low carbon, discuss how we can strengthen efforts to return home."

was right to good faith. Addresses of the EU climate and environment are among the most talented friends and dedicated the land they could find. But what if a culture of creative accounting, for reasons of political expediency, was flying the goals that work for the credibility of any

Of the three objectives of the EU by 20% by 2020:

. Emission reductions are themselves counted at the time of production and non-use, allowing an estimated 7% of carbon emissions in Europe to be outsourced to developing countries by international trade. This monitoring is based on the Intergovernmental Panel on Climate Change (IPCC) of the carbon accounting rules rather than Brussels. However, member states stick to these rules as glue, and posed a question on reductions in carbon dioxide reported.
  • . Half of the increase in the EU represented in the uptake of renewable energy from biomass is expected, much of which some scientists fear may reduce actual emissions at all although how Brussels. Biomass can - and in most cases, can - from the unsustainable use of forests in Europe and abroad, thereby increasing rather than reducing emissions. If current trends, the EU could be exhausted in 2020 and used the wood is said to rely on energy conservation to reduce overall energy consumption levels in Europe.
  • . However, energy efficiency targets, as a non-binding, almost certainly not be met. The European Union is on track to about 9% energy savings - less than half of the stated objective. And as officials gutting the few paltry measures proposed in the Directive of Energy Efficiency to help along, the EU states are pushing for "first steps" as a "double counting".
With a further object of the commission of 10% renewable energy in transport - most of which will be met by conventional biofuels - clean EU research suggests this is unlikely to reduce emissions at all, despite the exorbitant cost of the program. Scientists responsible for a new "double counting" of emissions. Many Commission officials are concerned about the consequences.

The EU is a pioneer in global climate policy, and the target in the world on climate most ambitious: a reduction from 80 to 95% of CO2 emissions by 2050 compared to 1990 levels. Later this year, Brussels will unveil new climate targets for 2030 and interim 2040, perhaps as milestones on the way. The rest of the world, no doubt, looking thrilled - or terrified, waiting to unravel plans

But that's because of fears of a parallel execution in the euro area to the crisis must be addressed now. Secondly, the EU has approved billions of euros of bad loans accounting for countries like Greece, who had arranged their finances to make it look as if they met the criteria when they were not. Greek number crunchers have used a known weaknesses in the accounting system of the EU to "juke the stats".
If a similar culture of false accounting in the Member States and the Commission of the European Union is at stake today, could eventually help produce a political mistake of catastrophic proportions, although you are not immediately.


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