The world faces a global warming disaster if the United States and China do not take decisive action to cut greenhouse gas emissions, a leading economist said at the U.N. Friday. Via AP:
Jeffrey Sachs, speaking at the U.N. with British economist Sir Nicholas Stern, said the commitment of the two largest emitters of greenhouse gases is “absolutely fundamental” to forging a comprehensive agreement on global warming…
President Bush kept the United States ” by far the biggest emitter of carbon dioxide and other gases blamed by scientists for global warming ” out of the Kyoto treaty to reduce greenhouse gases, saying it would harm the U.S…
China announced this month it will spend more to research global warming, but said it lacks the money and technology to significantly reduce greenhouse gas emissions. On Monday, the country’s environmental watchdog said it had failed to reach any of its pollution control goals for 2006. [Full Text]
Related BBC report: ‘Now or Never’ for Climate Action says, “All EU nations must back proposals to cut harmful emissions by 30% by 2020 or risk jeopardising the global effort to curb climate change, warn ministers.”