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Australia cries foul over climate rules on developing countries | The Australian

Australia cries foul over climate rules on developing countries
THE AUSTRALIAN enore Taylor, National correspondent | November 26, 2008

CANBERRA is pushing to change the rules for international climate change talks in Copenhagen next year to prevent rich developed countries, such as Singapore and South Korea, being required to do less because the Kyoto Protocol classifies them as developing.

Australia argues that the next global climate change deal should require binding economy-wide targets of developed countries, with unspecified binding “action” required of developing nations. But, in its submission to the UN ahead of next month’s meeting in Poznan, Poland, to prepare for the Copenhagen talks, the Australian Government says the Kyoto delineation of developed and developing is unfair…………………….

International Energy Agency executive director Nobuo Tanaka told The Australian yesterday countries such as Australia should not delay greenhouse measures due to the global financial crisis.

“It is not the case that the global financial crisis should delay measures to mitigate climate change because the cost will only get higher in the future,” Mr Tanaka said.

He warned oil prices could soar after the financial crisis and urged governments to spend some of their fiscal stimulus on renewable energy and energy efficiency projects.

Australia cries foul over climate rules on developing countries | The Australian

Tags: globalwarming, climate change

November 26, 2008 - Posted by Christina Macpherson | environment