Thursday, September 24, 2009

A Great Deal for CLSA

China hedges emissions pledge

China agrees that action on climate change is needed but insists that accumulated emissions in the atmosphere are the historical responsibility of developed nations, who should be the ones to shoulder the bigger part of the work by pledging investment to poorer countries and committing to mandatory cuts. So far, Beijing has refused to agree to cap its own fast-growing emissions.

Hmmm. What ever happened to the Clinton Global Initiative...

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