The frenzy in NYC over the Iranian president’s visit should not overshadow the critical week at the UN in discussions about how to move forward as the first cycle of the Kyoto Protocol ends.
Clearly the US needs to adopt something like RGGI at the national scale and there are several bills in the Senate which would set us on the path of reducing CO2 emissions to a point substantially lower than now.
Europe’s version of RGGI, the European Trading System or ETS, is working despite early mistakes. It was established to help meet the Kyoto Protocol. European industrial emitters indicate that 65% of them have reduced emissions and national level estimates show an 8% reduction of CO2 by 2005.
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