Wednesday, August 13, 2008

DARK CLOUD OVER EMISSIONS DEAL

Chances of a world deal to cut emissions enough to curb any severe
implosion of global warming climate change has widened considerably
following the failure of world trade talks in Geneva.

The World Trade Organization' s gathering of nations was abandoned
after the US and India failed to compromise on a dispute over tariffs
on farm products.

The abrupt ending of the trade talks has put a dark cloud over next
year's climate summit in the Danish capital of Copenhagen when the
international community of developed and developing countries will
discuss an agreement for binding emissions curbs.

While there is no direct link between trade and climate change the
abandonment of the world trade talks is seen a major setback for an
emissions agreement and a carbon trading system that will require the
support of all nations.


Digg Technorati del.icio.us Stumbleupon Reddit Blinklist Furl Spurl Yahoo Simpy

No comments: