All major economies promise to cut emissions

Dan Farber, LEGAL PLANET

With Saudia Arabia’s pledge last week to cut emission, all of the world’s major economies are now on board.  In a nutshell, here is what they are promising.

Except as noted, the target dates are all 2030.  A number of countries have subsidiary promises in terms of percentage of renewable energy or of bigger cuts premised on international aid, which aren’t included here.

DEVELOPED COUNTRIES

Australia.  26-28% (2005 baseline)

Canada. 30% (2005 baseline).

European Union. 40% (1990 baseline).

Japan. 26% (2013 baseline).

United States. 26-28% (2025 target, 2005 baseline).

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BRIC COUNTRIES

Brazil. 37% (2005 baseline, 2025 target).

China. Peak emissions circa 2030. 

India.  33% cut in carbon intensity(2005 baseline). 

Russia. 25-30% (1990 baseline)

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OTHERS

Argentina. 15% below business as usual (BAU).

Saudi Arabia. 130 million ton cut in annual emissions.

Indonesia. 29% (BAU baseline).

Mexico. 25% (BAU baseline).

South Africa. Peak emissions by 2025, followed by a plateau and then decline.

South Korea. 37% (BAU baseline).

Turkey. 21% (BAU baseline).

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You’ll notice that the EU is promising the most, both in absolute numbers 40% and in the lowest baseline (1990).  Other developed countries are pledging smaller percentages and using a higher 2005 emission level as the baseline. Among the non-developed countries, Brazil’s pledge is notable because it is promising absolute cuts in emissions, not just reductions below business as usual or setting a future peak level.  But the fact that other major  non-developed countries have made pledges is a huge advance over the Kyoto Protocol, which did not require much of anything from them.