PermaLink China-led bloc to consider Kyoto climate pact future.04/21/2010
China
Kyoto binds about 40 rich nations to cut emissions by 2008-12 and developing countries want a tougher second commitment period. That demand is opposed by many developed nations that want to jettison Kyoto to include emerging markets like India and China. Next week's meeting of the environment ministers of Brazil, South Africa, India and China - the so-called BASIC nations - will look at ways to bridge a trust deficit with rich nations, according to its agenda, a copy of which was obtained by Reuters. "How long will the Kyoto Protocol survive? Could we envisage a shorter second commitment period designed solely to secure carbon markets?" said the agenda of the meeting to be held in South Africa on April 25-26.

See the Reuters story

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