Europe failed to do so: companies were given too many permits, and emissions have therefore not fallen.

欧洲就没能做到：配额发放过多，排放量因此并未减少。

youdao

Yet like many Japanese companies that have put gadgetry before profits, Toto has fallen on hard times.

ECONOMIST: Flush with failure

Europe failed to do so: companies were given too many permits, and emissions have therefore not fallen.

ECONOMIST: Climate change

There are many well-known companies, from Polaroid to Research In Motion, that have fallen to similar situations as Twinkies for not acting in a timely manner.

FORBES: 7 Lessons From The Rise And Fall Of The Twinkie