Sounds good: Worse targets than Kyoto
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Of the three announced national carbon targets I've heard of lately, two are arithmetically worse than Kyoto targets, and one is technically worse. The latter is Australia's target, already discussed here.
The others are the recent US announcement, and the recent China announcement.
The US announcement was for a 17% cut, which sounds a bit better than the Kyoto US commitment (or non-commitment, as it turned out) of 7%. But it's not really better, because it's on 2005 levels, where as Kyoto was based on 1990.