Brazil Passes Law Cutting CO2 Emissions 39% By 2020

Critics accuse Lula of double standards for vetoing green energy measures before signing the bill into law.

Published: 30-Dec-2009

President Luiz Inacio Lula da Silva Tuesday signed a law requiring that Brazil cut greenhouse gas emissions by 39 percent by 2020, meeting a commitment made at the Copenhagen climate change summit.

Brazil announced at the summit a "voluntary commitment" to reduce CO2 emissions by between 36.1 and 38.9 percent in the next ten years.

The new law, however, is subject to several decrees setting out responsibilities and regulations for the farming, industrial, energy and environmental sectors.

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