SHOOT: What about an economic blockade of the USA? Can the USA be isolated, to twist their arm?
"It's good there's now been a statement of support for a clear number on long-term finance," U.N. climate chief de Boer said of the U.S. offer. "This discussion will have to take place with other parties, whether they feel that sum is adequate."
Expert studies, by the World Bank and others, have estimated the long-term climate costs for poorer nations, from 2020 or so, would likely total hundreds of billions of dollars a year. China and other developing countries say the target should be in the range of $350 billion.
U.S. funding is hovering at only around $1 billion this year, and Clinton, when asked did not specify how much Washington would contribute to the "fast start" package.
"We'll do our proportion of `fast start'," the secretary of state said.
"I have to be honest, an offer by the United States to cut only 4 percent from 1990 levels is not ambitious enough," Merkel told lawmakers in Berlin before heading off to Copenhagen. The EU has pledged a 20 percent emissions cut |
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