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Perspective: Why Carbon Emissions Should Not Have Been the Focus of the UN Climate Change Summit and Why the 15th Conference of the Parties Should Have Focused on Technology Transfer

Green Car Congress

To get there, the draft presents several targets for emission reductions from developed countries, ranging from 25% to 45% below 1990 levels by 2020. The European Union (EU) is committed to a 20% cut in emissions by 2020. A ballpark figure could be on the order of US$ 250 billion in 2020.