Brazilian Environment Minister Izabella Teixeira said the proposed United Nation agreement on limiting greenhouse gases demonstrates is “the best you get” and sends a signal that “clear political will” remains to extend restrictions
China, the world’s biggest energy consumer, will maintain the stance of developing countries to extend the Kyoto Protocol to address climate change, its chief envoy said ahead of negotiations in South Africa next week.
The international effort to curb global warming inched forward with an agreement that extends pollution limits under the Kyoto Protocol and calls for work on a mechanism that would pay aid for climate-related disasters.
China and the European Union are at odds over the future of the United Nations carbon market and the Kyoto Protocol, a rift that threatens agreement at next month’s ministerial climate-change conference in South Africa.
Russian Prime Minister Vladimir said countries’ obligations to reduce emissions under the Kyoto accord should be equalized instead of allowing developing countries to pollute more without paying fines. He spoke today in Magnitogorsk in the Ural Mountains.
Germany’s air pollution is set to worsen for a second year, the first back-to-back increase since at least the 1980s, after Chancellor Angela Merkel’s decision to shut nuclear plants led utilities to burn more coal.
Japan, the world’s fifth-biggest greenhouse-gas polluter, is building a new emissions market as the widest carbon-trading spreads in four months signal the 1997 Kyoto climate agreement will be scrapped.