OK guys, I'm sorry to say, you're not doing enough to comply with Kyoto!! GOAL: European Union is committed to an 8% reduction in emissions (1990 levels). The way this works is that some EU countries have advantages due to nuclear power (UK, France) and hydroelectricity (Scandinavia). Other countries are not so fortunate. While the bigger countries (UK, France, Germany) may meet some of Kyoto's goals (lets assume they do), the smaller countries will completely wipe it out. - 12 EU nations are on target to breach the target - 9 of the 12 are doing a great job at NOT complying with Kyoto, having INCREASED emissions by 20 to 77%!! So what happens if the EU as a collective does not meat the targets in 2012? Article 4 of the Kyoto protocol covers that by saying that the responsibility then falls to each member nation to reduce their emissions by 8%. See the goal here was to have the UK, France, and Germany reduce their emissions to balance against the increased emissions of the other countries. But the big three didn't cut enough, and the others increased their emissions too much. The Emissions Trading Scheme is, of course, the basket with all the EU eggs in it. With this scheme, countries can trade quotas with each other. The problem here is that if the 2012 goal is not met, THIS SCHEME BECOMES INAPPLICABLE. And Europe is on course to breach their goals spectacularly. What happens then, if emissions quotas can't be traded? Well, each country will be punished and be forced to make deep, deep cuts. I'd like to see what that is going to do to the booming European economy. Italy has recently withdrawn from Kyoto (post 2012 only though). In Spain, reported on May 5, "Given the circumstances, the Environment Minister, Cristina Narbona, had no alternative and recognized yesterday that the conditions where Spain stands in order to fulfill the mandates derived from Kyoto 'could not be worse'. However she promised that the Spanish government will continue working with the aim of reducing the cost of that bill." Expensive, eh? HAHA. So verdict? You need to do more. My question now to those that support Kyoto: would you support additional taxes on gas (petrol), natural gas, coal, and other dirty stuff to discourage people from using it? Say another 10p of tax per liter of petrol? And what about additional fees to those factories that pollute so much (which will be passed on to the consumer, of course, so people will just buy less)?