Emission, er, Economy Reductions
The UK government will push the EU to move to a higher target for cutting greenhouse gas emissions. It will urge the EU to cut emissions by 30% from 1990 levels by 2020, rather than the current 20% target ... In 2009, EU leaders endorsed two targets for greenhouse gas emissions - 20%, rising to 30% in the event of a global deal on climate change. ... But the recession has lowered emissions across the continent, making the higher target more easily achievable. Link.
You know what the first thing that crossed my mind was when I read that? They're locking in the losses. They're making their much-reduced economy the new normal, and going on from there. Recovery be d*****.