Monday, December 10, 2007

Climate Meeting in Bali


The 190 nation U.N. climate meeting in Bali , 3 - 4 December 2007, seeks to start 2 years of negotiations leading to a new pact to succeed the Kyoto Protocol.

Kyoto binds 36 industrialised nations to cut greenhouse gases by an average of 5 percent below 1990 levels by 2008-12.

The United States has not signed Kyoto and developing countries such as China, India and Brazil have no 2008-2012 targets.

The Bali draft suggests that (1) rich nations should cut emissions by 25-40 percent below 1990 levels by 2020. (2) Global emissions should be below half of levels in 2000 by 2050.

The world's top two polluters, the U.S. and China, say they are not ready to commit to mandatory caps on greenhouse gases.


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