It is unrealistic for rich countries to increase financing for fight against climate change, says official
The U.S. does not want the new global climate agreement to have “rigid rules” or penalties for countries that do not meet their greenhouse gas emission reduction targets.

U.S. Special Envoy on Climate Change Todd Stern said this at a Chatham House conference in London on October 22, explaining the U.S. vision of the new agreement countries will have to sign by 2015.