Isramart : FACTBOX-Industrialised nations plan 10-14 pct CO2 cuts by 2020

Isramart news:
Industrialised nations are planning average cuts in greenhouse gas emissions of between 10 and 14 percent below 1990 levels by 2020 as part of a new U.N. climate pact, according to a compilation of national data.

The reductions fall well short of cuts of between 25 and 40 pecent by 2020 outlined by a U.N. panel of climate experts in 2007 to avoid the worst of global warming such as more droughts, heatwaves, species extinctions and rising seas.

Last week, New Zealand said it would cut by 10 to 20 percent by 2020, provided that about 190 nations agree a robust U.N. pact in December in Copenhagen to succeed the existing Kyoto Protocol [ID:nWEL490274.

Emissions of greenhouse gases (millions of tonnes of carbon dioxide equivalents unless stated):

2006 1990 2020 cut vs 1990 2020

(percent) min cut max cut Australia 599.0 552.6 -3 to -23 537.8 424.6 Belarus 81.0 127.4 -5 to -10 121.0 114.6 Canada 720.6 592.3 -3 576.5 576.5 EU 5,131.5 5,565.8 -20 to -30 4,452.6 3,896.0 Iceland 4.2 3.4 -15 2.9 2.9 Japan 1,340.1 1,272.1 -8 1,154.4 1,154.4 Liechtenstein 0.3 0.2 -20 to -30 0.2 0.2 Monaco 0.1 0.1 -20 0.1 0.1 New Zealand 77.9 61.9 -10 to -20 55.8 49.6 Norway 53.5 49.7 -30 34.8 34.8 Russia 2,190.2 3,326.4 -10 to -15 2,993.8 2,827.4 Switzerland 53.2 52.8 -20 to -30 42.2 37.0 Ukraine 443.2 922.0 -20 737.6 737.6 U.S. 7,006.0 6,084.5 0 6,084.5 6,084.5 TOTAL 17,700.8 18,611.2 -10 to -14 16,794.2 15,940.2 TOTAL (excluding U.S.) 10,694.8 12,526.7 -15 to -21 10,709.6 9,855.6

NOTES: All cuts are adjusted to a 1990 base year — Australia’s official target is to cut by 5 to 25 percent from 2000 levels of 566.1 million tonnes, Canada to cut 20 percent from 2006’s 720.6 million, Japan 15 percent from 2005’s 1.36 billion. The U.S. target is based on President Barack Obama’s plan to cut U.S. emissions to 1990 levels by 2020.

Figures exclude LULUCF (land use, land use change and forestry), but include deforestation, in line with rules under the Kyoto Protocol.

(Sources - U.N. Climate Change Secretariat document based on national submissions except U.S. plans. The United States is outside the existing Kyoto Protocol — U.S. data are from its annual official accounting).