"Well, so much for the truckloads of naysayers that have lambasted the EU's carbon trading system over the years--Europe is set to easily meet the emissions reduction goals set by the Kyoto Protocol. You know, that treaty the US helped draft and then never signed, saying it would leave our economy in shambles and that it gave China unfair advantages? Yeah, that one. Europe has successfully cut emissions, grown its economy, and seen a huge surge in renewable energy development. Thanks in part to none other than a cap and trade system. Joe Romm at Climate Progress reports: Europe made a major commitment under the Kyoto Protocol that U.S. conservatives have been telling us for years it would never achieve. In fact, the Europeans are poised to surpass their targets under the terms of the Protocol. It is no longer plausible for those who don't want a U.S. cap-and-trade system to point to the European Trading System (ETS) as a failure. Quite the reverse." - Bluesun 2600 from Bookmarklet