Targets for reduction of CO2 emissions have been proposed in response to concerns over future global climate change with a focus on a 2010 target date. We develop emission scenarios over the 1990 to 2010 time-frame from available emissions data, and which encompass the range of proposed emission reductions. Emission reductions over this time frame could be viewed as steps towards mitigating impacts of climate change as well as steps towards the objective of the Framework Convention on Climate Change which is, in part, the stabilization of greenhouse gas concentrations. Illustrative analyses of the stabilization of CO2 concentration have defined pathways that lead to constant CO2 concentrations over time ranges of greater than a century. While the prediction of specific impacts of climate change is highly uncertain, models have been developed to project changes in global-average temperature, sea level, and CO2 concentration; these quantities are often used as indicators in place of specific impacts of climate change. In this study, we summarize projections made with our Integrated Science Assessment Model of these quantities for the range of emission scenarios, and find that the reductions considered are not expected to effect near-term (by 2010) impacts. We also find no obvious correspondence between CO2 emissions reductions by 2010 and the stabilization levels eventually arrived at by previously defined pathways of CO2 concentration.