First mover disadvantage ?!

Britain could be first country to put legal limits on carbon emissions

Climate change bill seeks 60% reduction by 2050 · Blair says radical step will set example to the world David Adam, environment correspondentWednesday March 14, 2007The Guardian
Plans to make Britain the first country in the world to set legally binding limits on its carbon pollution were announced yesterday when ministers unveiled their draft climate change bill.
Under the proposed legislation the UK will have to reduce its emissions of carbon dioxide by 60% by 2050, with an interim target of at least 26% by 2020. Failure could land the government in court.
Tony Blair said the plan would help to convince other world leaders to tackle global warming. "This is a revolutionary step...it sets an example to the rest of the world." David Miliband, the environment secretary, said: "This bill is an international landmark. It is an environmental contract for future generations."