Given the scale of the pre-salt and its expected production, most needs to go to the export market to remain within
domestic emissions reductions targets (PNMC) and the equivlant carbon budget.
The government says that its 2030 emissions reductions targets are a «bottom - up calculation... based on the amount
of domestic emission reductions and removals assumed to be obtained» by this strategy.
It would strengthen the contribution if Switzerland undertook
further domestic emission reductions, where much potential still exists, in order to drive ambition and usher in a low - carbon economy.
Western European countries fund energy projects in the developing world in order to obtain Certified Emission Reduction credits (CERs), tradable credits that enable Europeans to count foreign emission reductions towards their
own domestic emission reduction targets.
The domestic emission reduction programs to which so much attention is devoted are similarly dwarfed by coal exports.
«EU must have an early, clear and ambitious position on
its domestic emission reductions through to 2030,» the letter said, adding that Europe has a leading role to in building momentum and negotiating tougher targets from the world's largest emitters in the lead up to crucial UN climate talks in Paris in 2015.
One very straightforward way of reducing that gap, of course, is for countries to tighten
their domestic emissions reductions targets (more on that below).