When they signed the Kyoto protocol, the then fifteen member states of the European Union pledged to reduce their national CO2 emissions by 8% between 2008 and 2012. This objective still remains attainable, Spanish daily El País is pleased to announce, since emissions have already gone down 5% since 1990. Two states, however - Spain and Greece - have not fulfilled their objectives, according to statistics released by the EEA (European Environment Agency). The high cost of fuel leading to a drop in gas and petrol consumption, coupled with a milder climate in Europe have limited greenhouse gases, says El País. Spain did, however, improve it results in 2008, with an 8% drop compared to the previous year.
A conversation with investigative reporters Stefano Valentino and Giorgio Michalopoulos, who have dissected the dark underbelly of green finance for Voxeurop and won several awards for their work.
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