Sunday, January 31, 2010

Nations meet emissions target deadline

Governments from the world's biggest greenhouse gas emitters have met a Copenhagen summit deadline to submit their plans for cutting emissions by the year 2020. The European Union has set an unconditional target to cut emissions by 20 per cent compared to 1990 levels and is willing to raise that to 30 per cent if other countries make an equal effort. Australia will have a 5 per cent reduction target with no conditions applying and will only lift its target to 15 per cent or 25 per cent if countries like China, India and the United States agree to verifiable reductions. It has been just over a month since the climate talks ended without a legally-binding treaty. Instead they came up with what is known as the Copenhagen Accord, a deal negotiated by the United States and China and signed by more than 25 countries, including Australia. But even if all countries implement the target, it will still leave the world well short of the mark scientists estimate is needed to contain global warming.

Source: http://www.abc.net.au/news/stories/2010/02/01/2806762.htm?section=justin

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