Kyoto backers can exceed 2012 climate goals: U.N.

OSLO (Reuters) - Industrial nations taking part in the U.N.’s Kyoto Protocol for fighting climate change can exceed goals for cuts in greenhouse gas emissions if new policies work as planned, the U.N. Climate Secretariat said on Tuesday.

But it cautioned that emissions had risen since 2000 in many nations — especially in former Soviet bloc countries where economies were picking up after the collapse of smokestack industries in the early 1990s.

The Secretariat projected that almost 40 nations taking part in Kyoto could cut emissions by 11 percent below 1990 levels in 2008-12, exceeding Kyoto’s goal of cuts of at least five percent.

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