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Friday, December 07, 2007

Germany will cut CO2 emissions

Germany yesterday sent a strong message to the 10,000 delegates discussing global warming in Bali: Change is possible, and we're going to get started.

The German cabinet agreed to a 36% reduction in carbon dioxide emissions, below 1990 levels, by 2020 through improvements in energy efficiency, better building insulation and investments in new renewable energy sources. (A report released last week found the U.S. could make a similar, or even steeper reduction, mostly by investing in energy efficiency; the report was produced by both environmentalists and leaders of industry, including major utilities and energy companies.)

The plan is forecast to cost Germany, Europe's top polluter, $45.5 billion (that's about what the U.S. spends on the Iraq war every seven months).


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