Friday, December 14, 2007

Bali Climate Talks Still Tense

Things are still tense between the US and EU in Bali, according to this article in Bloomberg (excerpt below.)
The European Union and developing nations have pushed for the agenda to state that industrialized nations should reduce emissions of greenhouse gases by 25 to 40 percent by 2020. That would give future negotiations a clear goal, they said.
The U.S. argues that talks should first focus on ways to reduce emissions blamed for climate change, and then discuss specific targets. Delegates meeting on the Indonesian island of Bali are trying to bridge the gap between the EU and U.S., the world's biggest emitter of carbon dioxide gas, and salvage the UN talks on their final day.

Former U.S. Vice President Al Gore, who earlier this week was awarded the Nobel Peace Prize for raising awareness of climate change, urged delegates yesterday to move ahead on the new treaty without the U.S., with the understanding that President Bush will be leaving office in almost a year. Gore shared the prize with a UN panel of scientists that reported global warming is very likely caused by humans.
``The United States is the world's most powerful economy, the largest emitter of greenhouse gasses and therefore it has to be part of the solution,'' said Yvo de Boer, executive secretary of the UN Framework Convention on Climate Change, which organizes the talks.
Delegates from more than 150 countries are in the final hours of talks to hammer out a two-year negotiating agenda leading to the signing of a new global treaty to fight global warming to replace the Kyoto Protocol, which expires in 2012.
The conference has made progress in some areas. Delegates agreed on how to manage a pool of money that draws its income from United Nations emissions markets, and will pay grants to developing nations to help them adapt to the effects of global warming such as flooding and drought.
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