Business Opportunities

Australian PM says climate talks nearly collapsed

Australian Prime Minister Kevin Rudd today praised the very completion of the Copenhagen climate summit as progress, saying that the talks had hovered near collapse. - US, BASIC struck deal; developing nations oppose it - Obama lauds India for setting forth mitigation efforts - Rajya Sabha to debate climate meet on Monday - China assures india on joint statement with US - Devangshu Datta: Climate of change">Devangshu Datta: Climate of change - Bhutan to remain carbon neutral Rudd, who has made climate change a signature issue at home, said he recalled seven times in the final stretch when the 194-nation summit could have broken up in disarray. "There was a grave risk that these negotiations would collapse altogether and we would have had a triumph of inaction over action," Rudd told reporters. "Instead we had a result that underpins action. That represents substantial progress," Rudd said. He said the summit provided the greatest consensus yet on the need to stop the planet from heating up two degrees celsius from pre-industrial levels. "The test that I"ve applied is what was before and what was after," Rudd said of agreements on climate change. Rudd, who has closely aligned himself with President Barack Obama, praised the US leader for helping break impasses in the negotiations. At key moments, "the president of the United States walks in, rolls up his sleeves and says, "Okay, let"s have a go on this," and you make some progress. That produced a magical result," Rudd said. "The attitude taken by various countries in these negotiations has been particularly hardline," Rudd said, while declining to name specific nations.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

News of the day
Dubai bubbles up humour mills
‘The Sun Never Sets on Dubai World’, claims the logo of the state-owned conglomerate of the Gulf city government. That’s why it got burnt under towering debts.
Popular Articles
payday loans no faxing

Canon to set up outlets in six cities
Digital imaging company Canon India today said it would set up six outlets in various cities in the country over the next few months.

Will it last?
While there are visible signs of a recovery in the real estate market, price hikes by developers and any increase in interest rates could halt this momentum.