Category: Energy

India Rejects EU Plan for New Treaty After Kyoto

With the Durban climate change negotiations barely a week old, key countries are drawing their “red line” positions in the sand. On one side of the line, where the Group of 77 (G77) + China and other developing countries firmly sit, is a second commitment period under the Kyoto Protocol that continues binding targets for current country signatories after the first period expires at the end of 2012 (excluding Canada, which has announced that it is pulling out of the treaty altogether). On the other is a European Union plan for a new global agreement with binding targets for all countries beginning in 2015 and in force by 2020. […]

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