China and India don’t want their national commitments to become legally binding in an international treaty. Japan, the EU and other developed nations still haven’t come forward to say how much money they’re prepared to fork out past 2012 to help poorer nations adapt to the consequences of climate change and lower their emissions.
“This remains a very, very difficult process, and it could still fail,” said U.K. Energy and Climate Change Secretary Ed Miliband.
SHOOT: The failure of USA to participate may be akin to a declaration of war. If that sounds excessive, consider the alternative. To allow the world's largest polluter and energy consumer to continue what they're doing? Expect huge fallout from countries around the world, and vast swathes of populations, if this runs aground.
Dec. 16 (Bloomberg) -- World leaders will arrive in the
Danish capital of Copenhagen in the next three days to agree on
an accord to fight global warming. There may be nothing to sign.
Envoys from China, the U.S., the European Union and India,
the world’s top polluters, have bickered, quarreled and walked
out during talks among 193 nations. They’ve left presidents and
prime ministers a choice between a fudge or a flop for the
accord that the United Nations framed as the most comprehensive
deal to curb global warming.
“We’re calling it Constipagen because the line’s not
moving and the talks are not moving,” said Jasmine Hyman, who
works for Gold Standard Foundation of Geneva that certifies
carbon offsets. She said it took her eight hours to get in.
The U.S. has rejected the demands of developing nations and
most developed countries that it cut emissions more than its
current goal of 17 percent from 2005 levels.
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