I hereby declare for myself a CO2 emission reduction target of 120% by yesterday, and can happily report I have met that same target already. And if anybody doesn’t believe me, well, you have no right to monitor any of that, and there is no penalty for failure anyway.
Because, as reported by John M. Broder from COP16:
Mr. Ramesh proposed a plan for bridging the gap between the United States and China on verification, by establishing a voluntary program known as international consultation and analysis. Under the plan, also known as I.C.A., countries would declare their emissions reduction targets and provide regular reports on how they were meeting them and gauging their own progress.
There would be no international monitors or inspectors, and no penalties for failing to reach stated targets. Smaller countries would have less frequent and less detailed reporting requirements than major emitters.
Mr. Ramesh’s concept has been broadly accepted here
As a poet would say, no sh*t Sherlock. Indeed none.