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FT.com / Global Economy - Concession raises hopes for climate deal
Developed countries are preparing to relent on their demand that developing countries agree to long-term cuts in greenhouse gas emissions in a concession that could form the basis of a global deal on climate change.

The demand was one of five key elements rich countries wanted for a deal at the international climate change summit in Copenhagen in December. But major emerging economies, led by China and India, refused to sign up to it, worrying it could be used to force large and so far unquantified emission cuts on them in the future.

Governments on both sides of the Atlantic are now softening their call for a global target of halving emissions by 2050, in an attempt to build a consensus around a less ambitious deal in Copenhagen.



"Dieu se rit des hommes qui se plaignent des conséquences alors qu'ils en chérissent les causes" Jacques-Bénigne Bossuet
by Melanchthon on Mon Oct 19th, 2009 at 08:28:39 PM EST
[ Parent ]
Melanchthon:
softening their call for a global target of halving emissions by 2050, in an attempt to build a consensus
Right, so there will be an agreement good for zilch.

Apart from the usual criticism about large targets far in the future. I'd be happier with a commitment to 0.5% emission reductions year-on-year for the next 40 years.

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma

by Migeru (migeru at eurotrib dot com) on Tue Oct 20th, 2009 at 04:08:27 AM EST
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