International greenhouse gas curb agreement reached
A week-long U.N. climate conference has closed with 158 countries reaching a basic agreement on greenhouse gas targets for 2020. This is the most concerted yet to avoid catastrophic flooding, drought and other fallout induced by global warming.
The conference concluded that industrialized countries should strive to cut emissions by 25 percent to 40 percent of their 1990 levels by 2020. This target will serve as a loose guide for a major international climate summit to be held in December in Bali, Indonesia. The Bali summit will attempt to put in place a regulatory framework to supercede 1997’s Kyoto protocol which expires in 2012.
Although this week’s agreement is not binding, it does indicate that developed nations are starting to take the threat of climate change very seriously. Let’s hope that the Bali summit provides some good forward progress in cementing greenhouse gas targets.
Source: New York Times
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