UPDATE 2-EU says must do more to meet Kyoto targets

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By Jeff Mason

BRUSSELS, Nov 27 (Reuters) - European Union nations must step up efforts to cut greenhouse gas emissions if the bloc is to meet its Kyoto Protocol targets on fighting climate change, the EU executive said on Tuesday.

The European Commission said the 15 EU countries that committed themselves to an 8 percent cut in emissions by 2008-2012 could reach that goal only by implementing extra measures.

At climate change talks in Bali, Indonesia, next week the EU hopes to persuade the United States and other big economies to move toward binding targets to halt and cut emissions blamed for heating the earth.

The EU's own record is likely to be scrutinised as it touts its credentials as a world leader in the global warming fight.

The Commission said EU-15 emissions were projected to be down 7.4 percent in 2010 compared with the base years, 1990 in most cases, set in the Kyoto agreement.

Those projections, collected from EU governments, were based on current measures, the purchase of Kyoto credits, and plans to create "carbon sinks" through forests that soak up carbon dioxide (CO2), the main gas blamed for global warming.

The EU-15 would reach an 11.4 percent reduction in 2010 -- exceeding the Kyoto goal -- if additional measures such as including aviation in the bloc's emissions trading scheme were put in place quickly.