COPENHAGEN -- The political script for a big climate-change conference in this Danish city has U.S. President Barack Obama and other world leaders flying in later this week to christen a new era of global environmental cooperation. In reality, the summit is shaping up as a pivotal economic showdown between the U.S. and China.
The International Energy Agency projects that nearly all the growth in global greenhouse-gas emissions over the next two decades will come from developing countries -- and that fully half of that total will come from China alone. A central point of contention here is whether China, amid all its newfound economic might, still deserves billions of dollars in annual aid from the U.S. and Europe to help it shift to a cleaner pattern of growth.
China says the answer is yes. He Yafei, China's vice foreign minister, said on Friday that rich nations, which built their prosperity on fossil fuels, are like people who go out for a fancy dinner and then, when a poor guest arrives late for dessert, demand that he pay the same bill for his meal as everyone else. Read more.
No comments:
Post a Comment