Wednesday, April 08, 2009

U.N. Climate Talks Stall Over Emissions Cuts by Rich Nations

Negotiators at U.N. climate talks, buoyed by U.S. promises to lead the fight against global warming, are demanding that industrial countries pledge deeper cuts in greenhouse gases over the next decade. Environmental activists said Monday the talks in Bonn, Germany, have made little progress on two key issues: the carbon emissions targets to be adopted by the rich countries and how to raise an estimated $100 billion a year needed to help poor countries adapt to climate change. The two-week round of talks conclude Wednesday and are to reconvene in June. But delegates from 175 countries are likely to decide to add more sessions to an already hectic calendar of negotiations leading up to a decisive meeting in December in Copenhagen, Denmark, which is to adopt a new international climate change accord. Developing countries want industrial nations to reduce emissions of carbon dioxide and other heat-trapping gases by at least 40 percent from 1990 levels by 2020. Some countries said even that cut won't eliminate the threat of rising sea levels and disastrous weather shifts affecting agriculture and water supplies, and suggested a 45 percent cut...AP

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