As part of the Copenhagen Accord, individual countries have submitted greenhouse gas reduction proposals for the year 2020. This paper analyses the implications for emission reductions, the carbon price, and abatement costs of these submissions. The submissions of the Annex I (industrialised) countries are estimated to lead to a total reduction target of 12–18% below 1990 levels. The submissions of the seven major emerging economies are estimated to lead to an 11–14% reduction below baseline emissions, depending on international (financial) support.
When the dust settles after the Cancun climate change conference of the United Nations, a careful analysis will find that the adoption of the “Cancun Agreements” may have given the multilateral climate system a shot in the arm, but that the meeting also failed to save the planet from climate change and helped pass the burden of climate mitigation onto developing countries.
The Cancun climate negotiations stretched, as now customary, into the early hours of the day after its scheduled end. The events of the final day were far less acrimonious than one would have expected after Copenhagen. Indeed, had it not been for the pesky Bolivian delegation repeatedly drawing attention to the lack of ambition in the
Cancun: The Wikileaks cablegate hit the climate talks at Cancun as well with leaked documents showing how the US and EU had attempted to manipulate talks in favour of the Copenhagen Accord by offering monetary carrots to small countries that are the most vulnerable to climate change and cutting aid to those who dared to oppose them.
Several countries had talked of dirty tricks played by ric
The Cancun meet is deeply divided. Governments are not taking a chance. They do not want to hear the noise of protests as they go about stitching a dirty deal that may not combat climate change or give the poor the right to development This week the world is meeting, once again, to deliberate on a possible global agreement to cut emissions that are speeding catastrophic climate change.
IN HIS speech to Parliament during his historic visit to India, President Barack Obama detailed his vision for a US-India global partnership to meet global challenges
A new report from the UN Environment Programme says even if all countries strictly adhered to their current pledges to cut down greenhouse gas emissions, it would still not be enough to keep the global average rise in temperatures to below 2 degree Celsius compared to pre-industrial times, as is required to avoid catastrophic impacts.
The report, released at the climate change conference here,
