2011/01/12

indigestion?EU to Assess Its Post-2012 Commitment to Kyoto,

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Mathew Carr, emissions markets, energy reporter. London Bloomberg News ph +44 207 073 3531 yahoo ID carr_mathew

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EU to Assess Its Post-2012 Commitment to Kyoto, Delbeke Says
2011-01-12 10:25:25.618 GMT


By Ewa Krukowska
Jan. 12 (Bloomberg) -- The European Union may need a
"reflection period" on greenhouse gas-reduction commitments
under the Kyoto Protocol after 2012, as some countries
signaled they don't want to sign up for the mechanism.
Jos Delbeke, director general for climate at the European
Commission, the EU regulatory arm, told a seminar in Brussels
today that the bloc was flexible at the climate summit in Cancun
last month on the second commitment period under the treaty and
continues to be open.
"The U.S. has made it very clear they'll never join the
Kyoto Protocol treaty, and we have heard Japan, followed by
Russia and other major players, have made clear they are not
going to sign up for a second commitment period," Delbeke
said. "So for the EU, there's a very important question how
much we like the Kyoto Protocol, how much it's pointless to find
ourselves alone under the protocol. We have to digest that."
Delbeke said an international agreement to cut greenhouse
gases is still "desirable and achievable," though a binding
deal is not going to happen in an "immediate future."

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To contact the reporter on this story:
Ewa Krukowska in Brussels at +32-2-237-4331 or
ekrukowska@bloomberg.net

To contact the editor responsible for this story:
Mike Anderson at +44-20-7673-2718 or
manderson34@bloomberg.net