Monday, February 1, 2010

Copenhagen Accord: US Pledges to Reduce GHGs by 17%

As stipulated in last December's Copenhagen Accord, January 31, 2010 was the deadline for wealthier nations to submit their emissions reductions targets. Obama Pledged to reduce US greenhouse gases (GHGs) by approximately 17 percent below 2005 levels over the next 10 years.

In his letter to the UN, US Special Climate Envoy Todd Stern called the Accord "an important step forward by the global community to address climate change and mitigate its impacts" He said the 17 percent range target, which Obama announced late last year, showed the President's "continued commitment to meeting the climate change and clean energy challenge through robust domestic and international action that will strengthen our economy, enhance our national security and protect our environment."

The Accord is not a legally binding treaty, and although it was not officially adopted by the 193 nations in attendance at COP15, wealthier nations have submitted their reductions estimates. While the Copenhagen Accord includes measures to verify that nations are meeting their emissions targets, there are no penalties for countries that fail to meet their targets.

The administration said they would provide more details once Congress passes a bill to limit GHG emissions. However, the fate of the climate change bill, including cap-and-trade, appears uncertain amid the protracted fight over health care and Democrats' increasing nervousness about the mid-term elections.
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Next: Copenhagen Accord: Canada to Reduce its GHG Emissions by 17% / Copenhagen Accord: Global Emissions Cuts

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3 comments:

Anonymous said...

nice post. thanks.

Jack said...

You can see a chart of how the pledges compare at http://www.wri.org/publication/comparability-of-annexi-emission-reduction-pledges/chart

You can also embed the chart on your blog!

The Green Market Oracle said...

Thanks for the link Jack.
Best regards,
Richard