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EUObserver: "Spain and Netherlands among countries to buy way to green targets

Up to nine EU countries may buy their way to achieving targets set under an international climate change treaty, with around €2.5 billion to be spent on purchasing emission-reduction credits from other countries.

The Kyoto Protocol, adopted in 1997, set binding reduction targets for 37 industrialised countries, to be achieved in the period 2008 to 2012.

According to a report from the European Environment Agency, published on Tuesday (28 October), nine of the 15 back in 1997 plan to buy or have bought carbon credits to deliver on their commitments.

If a country is unable to achieve a reduction in greenhouse gases by improving the efficiency of energy use or increasing the share of energy sources that do not emit these gases, it can pay its way out.

According to the EEA report, 12 European countries have announced they have "allocated financial resources" for credit buying, although it adds that Ireland and Portugal probably will not need to.

The countries are EU members Austria, Belgium, Denmark, Ireland, Italy, Luxembourg, the Netherlands, Portugal, and Spain; and non-EU members Liechtenstein, Norway, and Switzerland.

The total declared financial resources add up to €2,523 million. The largest announced financial contribution comes from Austria, which expects to spend €611 million.

The Netherlands and Spain are expected to spend €446 and €400 million respectively."

Met andere woorden, Nederland gaat €446 miljoen uitgeven om te mogen vervuilen. Rutte en companen hebben geen zin in het aanpakken van milieuvervuiling om de Kyoto-doelstellingen te halen.

© 2009