Ireland could meet Kyoto targets by 2010

IRELAND could meet its Kyoto target to reduce its greenhouse gases by 2010, according to the latest report from the European Environment Agency.

But it will have to fulfil all its promises including spending €270 million to purchase 95% of its carbon credits from other countries, the report warns.

However, this policy will make it even more difficult for Ireland to achieve new targets by 2020, which will be central to next week’s UN discussions in Bali on global climate change.