Then our emmissions would be just as good as the Europeans:

The department's Energy Information Administration said Wednesday that preliminary data shows a 1.3 percent decline in the amount of heat-trapping carbon dioxide released in 2006 from energy-related sources, the first decline in 11 years and the biggest decline since 1990.
...
In 2006, industry emitted about 30m tonnes less than permitted. German emissions rose 0.6% while overall EU emissions went up by 1%-1.5% because of resumed growth in the eurozone.

Wait.  Ours went down, and theirs went up?  Nevermind.