ENN: Bali climate talks focus on Kyoto offsets
Published on December 5th, 2007
Posted in Uncategorized
NUSA DUA, Indonesia (Reuters) – Rich nations have less than a month to go before they must start meeting emissions caps under the Kyoto Protocol that aims to fight global warming.
Yet 16 of the 36 industrialized nations bound by Kyoto limits are over their targets set for 2008-2012 and may have to buy carbon offsets to meet these, drawing criticism at a U.N. meeting in Bali.
“There’s this quite strong feeling (among poorer countries) that a number of commitments in those areas, commitments from the past, have not been met and will be conveniently forgotten when we switch to a new agenda item called the future,” said Yvo de Boer, the U.N.’s head of climate change.
