Business | General
Action grows for climate change
It is possible to reverse tide but time is running out, Obama says in UN Speech.
New York: The highest-level conference yet on climate change opened yesterday with 100 world leaders gathering at the United Nations to try to jumpstart stalled negotiations toward a global climate pact.
UN Secretary-General Ban Ki-moon called on presidents, prime ministers and other leaders "to accelerate the pace of negotations and to strengthen the ambition of what is on offer" for a deal at Copenhagen, Denmark in December.
US President Barack Obama said in his UN speech that "if the world does not address climate change now, it will lead to an irreversible catastrophe". He said that "it is possible to reverse tide of climate change, but time is running out."
The most substantial changes may come from what the presidents of China, India and other major economies spell out for billions of people and their households, businesses and farms in the decades ahead.
"We are asking developing countries to do as we say, not as we did," said Ed Miliband, Britain's climate secretary, whose nation has pledged to cut carbon emissions by more than a third from 1990 levels by 2020, and said 40 per cent of the UK's electricity by then would come from renewable sources.
Yesterday's UN summit and the G-20 summit in Pittsburgh at the end of this week are intended to add pressure on the US and other rich nations to commit to cuts and provide the billions of dollars needed to help developing nations stop cutting down their forests or burning coal.
China and the US each account for about 20 per cent of all the world's greenhouse gas pollution created when coal, natural gas or oil are burned. The European Union is next, generating 14 per cent, followed by Russia and India, which each account for 5 per cent.
Chinese President Hu Jintao is expected to lay out new plans for extending China's energy-saving programmes and targets for reducing the "intensity" of its carbon pollution - carbon dioxide emission increases as related to economic growth.
China has been cutting energy intensity for the past four years and could the new carbon intensity goal in a five-year plan for development until 2015. China already has said it is seeking to use 15 per cent of its energy from renewable sources by 2020.
India, too, may draw away some of the spotlight for laying out plans for the fifth-biggest contributor of global warming gases to bump up fuel efficiency, burn coal more cleanly, preserve forests and grow more organic crops.
The US, under former President George W. Bush's administration, long cited inaction by China and India as the reason for rejecting mandatory cuts in greenhouse gases.
Yesterday's meeting is intended to rally momentum for crafting a new global climate pact at Copenhagen, Denmark, in December. Bush rejected the 1997 Kyoto Protocol for cutting global emissions of warming gases, which expires at the end of 2012, based on its impact on the US economy and exclusion of major developing nations like China and India, both major polluters.
But neither China nor India say they will agree to binding greenhouse-gas cuts like those envisioned in a new climate pact to start in 2013. They question why they should, when not even the US will agree to join rich nations in scaling back their pollution.
"The crisis today on climate change is the inability of the US to put on the table credible emissions reduction targets for 2020," said Jairam Ramesh, India's environment minister.
The EU is urging other rich countries to match its pledge to cut emissions by 20 per cent from 1990 levels by 2020, and has said it would cut up to 30 per cent if other rich countries follow suit. Japan's incoming prime minister, whose nation generates more than 4 per cent of the world's greenhouse gases, has announced a new goal of a 25 per cent cut in greenhouse gas emissions from 1990 levels by 2020.
Obama has announced a target of returning to 1990 levels of greenhouse emissions by 2020.
Todd Stern, the top US climate envoy, said the Obama administration is moving "full speed ahead" toward helping craft a global climate deal.
But with Congress moving slowly on a measure to curb emissions, the US could soon find itself with little influence when 120 countries convene in Copenhagen.
The US House of Representatives passed a climate bill this summer that would set the first mandatory limits on greenhouse gases. But action in the Senate has been delayed as lawmakers wrestle with overhauling the health care system.
China's ambition to grow quickly but cleanly soon may vault it to "front-runner" status - far ahead of the US - in taking on global warming, the UN climate chief said on Monday.
"China and India have announced very ambitious national climate change plans. In the case of China, so ambitious that it could well become the front-runner in the fight to address climate change," UN climate chief Yvo de Boer said.
"The big question mark is the US."
Share this article
More from Business General
More from Business
Popular in Business

-
Property
Burj Khalifa effect
Proximity to the world's tallest tower proves advantageous for hotels
Business Editor's choice
-
India's big gamble on growth
Second wave of reforms needed to ensure the success of a strategy
-
World sugar supply takes a beating
Harvests miss target in several producing countries due to lingering frought
-
Cloud culture is way forward
In terms of collective IQ, Google is the smartest company in cyberspace


