Fine and Dandy
The European Union wants fines to be imposed on nations that fail to meet their commitments to cut greenhouse gas emissions, with the money going to support projects that would reduce such emissions and help curb global warming. The environment ministers of European countries discussed the matter yesterday in Luxembourg as they worked to develop a position to take to international negotiations on the Kyoto climate change treaty that will take place in November. The U.S. is likely to object to such fines. Meanwhile, a new report by the Pew Center on Global Climate Change found that of five European nations studied, only the U.K. is on track to meet its emission-reduction targets under Kyoto.