Thursday 22nd, January 2009
EU wants air, shipping in post-Kyoto pact -draft.01/22/2009 11:10 PM European Union; United Nations
The European Union will next week call for airlines and shipping to be included in a planned successor to the Kyoto pact, together with major worldwide investment to tackle climate change, a draft document shows.
The document lays out the European Commission's stance as it prepares for international talks in December in Copenhagen on a successor to the Kyoto protocol from 2013.
"Global net incremental investments to reduce global emissions need to increase gradually to around 175 billion euros ($226 billion) per year in 2020," said the draft document, seen by Reuters on Wednesday.
"Emissions from international aviation and maritime transport should be included in the overall targets set in the Copenhagen agreement and included in the national totals of the country of departure (or arrival)," it added. (Reporting by Pete Harrison; editing by Mark John)
See the Reuters story