Australia’s plan to resolve climate issue
Australia moves to resolve climate issue
9 News Sep 21 200 A proposal to resolve thorny climate change issues dividing developed and developing nations is being proposed by Australia in the lead up to the Copenhagen summit in December.
Climate Change Minister Penny Wong will reveal that Australia has been working on a proposed legal structure that could appease developing nations unwilling or unable to commit to economy-wide targets to reduce greenhouse gas emissions.
The issue has been a key point of difference, and a sensitive one, in addition to talks on just how much richer nations should pay to help poorer nations adjust to the huge changes required to reduce carbon pollution.
In a speech to the New York University School of Law on Monday (NY time), Senator Wong will tell students the proposed structure would allow nations to choose how they’ll reduce emissions instead of imposing a set of economy-wide targets that must be met by all countries………….Nations would be able to choose from a series of legally-binding schedules that could include renewable energy targets, a technology standard or a target to reduce deforestation, submitting a schedule before December……………..
“Developed countries would be expected to record an ambitious economy-wide emissions reduction target.
“For developing countries, taking on international mitigation obligations for the first time is a big deal – but the flexibilities in schedules are designed to give them greater comfort.”
For example, Australia’s national schedule would include an economy-wide target to reduce emissions by up to 25 per cent below 2000 levels by 2020, the legislated carbon pollution reduction scheme and the renewable energy target.
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