The Government Accountability Office, in a report issued as negotiators convened the latest round of U.N. climate talks in Poland, has concluded that two key international programs aimed at curbing greenhouse gas emissions are not getting the job done.
The study, requested by Rep. Joe L. Barton (R-Tex.), ranking minority member of the House Energy and Commerce Committee, and two other House Republicans, highlights problems in the European Union's emissions trading system and in a U.N. program that allows industrialized countries to offset their domestic greenhouse gas emissions.
The GAO said that Europe's cap-and-trade system had created "a functioning market for carbon dioxide allowances, but its effects on emissions, the European economy, and technology investment are less certain."
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