As mentioned in the previous post, the German Government has opted for a cut in carbon emissions for ETS Phase 2 of just 0.63%, comparing emissions in 2012 with those in 2005. This is not good news for Earth, and risks making the whole program a mockery! The BBC News report is here.
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Last night (2006-06-27), BBC Newsnight reported that the German cabinet would meet today to decide the decrease in carbon emissions which Germany would propose to the EC for ETS Phase 2.  Other EC countries are supposedly waiting to see what decrease Germany proposes, in order that their industries are not disadvantaged relative to German companies.  The [...]