http://news.monstersandcritics.com/energywatch/features/article_1275194.php/Breakthrough_in_Brussels
Europe will be taking the lead. I appreciated this comment.
...managed to convince the 27 EU leaders to agree to reduce greenhouse-gas emissions by 20 percent by 2020, even if the world`s biggest polluters, the United States and China, don`t follow the European example.
Europe will not point fingers at the rest of the world and whine. I suspect that once they take the lead, the rest of the world will see how prosperous Europe becomes and follow suit.
Look at how greenshouse gas emissions has/will benefit California.
http://www.berkeley.edu/news/media/releases/2006/08/16_climate.shtml
BERKELEY – A new University of California, Berkeley, report to be delivered to state legislators today (Wednesday, Aug. 16) finds that returning California greenhouse gas emissions to 1990 levels by 2020, as envisioned by pending global warming legislation, can boost the annual Gross State Product (GSP) by $60 billion and create 17,000 new jobs by 2020.
Here is the executive summary.