The European Union presents itself as a global leader in climate change combat, but it is not so sure that this role will remain after Copenhagen. What is expected of the Union is that it takes real commitment to cut its own emissions by 30%, by 2020, relative to 1990, and also to put some serious money for long and short term financing of the clean development in the undeveloped countries. It is important that this have to be fresh money, not part of the existing funds for undeveloped. The European leaders did not come to such agreement today. Inside the union there are two streams: one lead by Gordon Brown and Sarkozy which is the progressive one, pushing for a commitment and one lead by Germany which is holding back these initiatives.

This was the reason for winning the third place at today’s’ Fossil of the Day awards.

More about Fossil of the Day on: http://www.fossil-of-the-day.org/