 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
US urges support for clean technology fund
Osaka (AFP) June 13, 2008 US Treasury Secretary Henry Paulson on Friday urged rich countries to contribute to a fund of up to 10 billion dollars to help emerging nations switch to clean technologies to tackle climate change. The United States, Japan and Britain have proposed setting up a multilateral fund involving the World Bank that would help emerging economies to slash greenhouse gas emissions blamed for global warming. "This is critical. None of us in the world are going to solve this problem unless we deal with it here," Paulson told a joint press conference with his British and Japanese counterparts and World Bank president Robert Zoellick. The fund should help emerging countries such as China and India to remain key drivers of the global economy while also tackling emissions, said Paulson, who was attending a meeting of Group of Eight finance ministers here. He said the United States was willing to host a donor meeting later this year to try to drum up contributions. With food prices rising, climate change could hinder efforts to grow crops in developing nations, Zoellick said. "Our first priority will be to help vulnerable countries learn how to integrate climate change considerations into their development strategies, and to adapt as necessary to climate changes," he said. British finance minister Alistair Darling said the initiative should ease worries among developing nations, which already "see the need to act and act urgently." But some environmental activists questioned whether the fund was the best way to help the developing world. "The climate change problem was really created by developed nations. The money should be offered as compensation to developing and poor nations," Oxfam advocacy manager Takumo Yamada told AFP. "Often, donor nations create frameworks with themselves at the centre. The programmes have to be driven by recipients, based on their real need." The United States is the only major developed economy to reject the Kyoto Protocol, arguing that the landmark environmental plan is unfair as it makes no demands on fast-growing emerging economies. Japan, despite being the home of the Kyoto Protocol, the landmark 1997 treaty that mandated cuts in greenhouse gas emissions heating up the planet, is far behind in meeting its Kyoto commitments. Community Email This Article Comment On This Article Share This Article With Planet Earth
Related Links Powering The World in the 21st Century at Energy-Daily.com
Sirius Microwave Plasma Abatement System Destroys Greenhouse Gases
Crawley, UK (SPX) Jun 13, 2008Edwards has introduced the Sirius 6000 abatement system. Designed for low cost-of-ownership, the Sirius 6000 system addresses greenhouse gas abatement challenges arising from dielectric and polysilicon etch processes used in semiconductor manufacturing. |
|
|
| The content herein, unless otherwise known to be public domain, are Copyright 1995-2007 - SpaceDaily.AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement |
del.icio.us
Digg
Reddit
YahooMyWeb
Google
Facebook