The only take away for the two countries from the array of meetings was the possibility of greater technology cooperation with the areas of discord remaining unsorted. Coming in the wake of
the MEF statement in Italy, the US team spelt out its position much clearer and worked to polish the points of cooperation while downplaying the issues of divergence. The Obama administration's coup at getting the `two degree' clause accepted by the developing countries remained central with the US team looking at a framework for a deal at Copenhagen based on a global emission cap to keep temperatures within 2 degree of the pre-industrial level, demanding peaking of emissions and going below the `business-as-usual emission scenario' from India. While insisting on a 2005 baseline to measure emission cut volumes at home, the US team also indicated that it was not ready to undertake cuts to the levels India has demanded — at least 40% below 1990 levels by 2020. It also made clear that it was not ready for a deal where the developed countries would provide the kind of funds India had asked for — 0.5% of the GDP of the industrialized nations annually. It also remained averse to only crediting the money that passes through UN channels as part of its effort to help developing countries mitigate emissions and adapt to inevitable changes in the climate.
the MEF statement in Italy, the US team spelt out its position much clearer and worked to polish the points of cooperation while downplaying the issues of divergence. The Obama administration's coup at getting the `two degree' clause accepted by the developing countries remained central with the US team looking at a framework for a deal at Copenhagen based on a global emission cap to keep temperatures within 2 degree of the pre-industrial level, demanding peaking of emissions and going below the `business-as-usual emission scenario' from India. While insisting on a 2005 baseline to measure emission cut volumes at home, the US team also indicated that it was not ready to undertake cuts to the levels India has demanded — at least 40% below 1990 levels by 2020. It also made clear that it was not ready for a deal where the developed countries would provide the kind of funds India had asked for — 0.5% of the GDP of the industrialized nations annually. It also remained averse to only crediting the money that passes through UN channels as part of its effort to help developing countries mitigate emissions and adapt to inevitable changes in the climate.For further details visit as: timesofindia.indiatimes.com/NEWS/India/US-Drop-dependence-on-coal/articleshow/4805270.cms
No comments:
Post a Comment