Saudi ministers convey leadership's condolences on President Raisi's death to Iranian officials in Tehran    142 women soldiers graduated    Number of train passengers surges 27% to over 8 million in 1Q of 2024    Lulu Hypermarket opens in Khamis Mushait    'No Hajj without a permit' mobile exhibition kicks off in Madinah    TCL Electronics introduces the latest QD-Mini LED TV and smart home appliances    Saudi Arabia completes 1st phase of desertification assessment with creating 246 maps    Passengers tell of horror aboard turbulence-hit flight    US signals support for possible sanctions against ICC over Israel warrants    Former Marine charged with spying for Hong Kong found dead    Agriculture ministry: No truth in rumors regarding meat consumption during withdrawal period causing diseases in humans    Saudi AI model ALLaM joins IBM's watsonx platform, bolsters Arabic language capabilities    Energy minister: Saudi Arabia sets new world record in producing low-cost electricity from wind energy    Syrian first lady Asma al-Assad diagnosed with leukemia, presidency announces    'Two Kingdoms' initiative celebrates shared Saudi-UK artistic legacy    Oleksandr Usyk claims undisputed heavyweight title in 'Ring of Fire' match in Riyadh    Saudi Arabia: The emerging cultural powerhouse shaping global soft power dynamics    Jorge Jesus praises Al Hilal's resilience after dramatic last-minute draw in Riyadh Derby    Star golfer Scottie Scheffler arrested over alleged assault on police officer    Al-Ittihad's victory drought continues, misses chance to qualify for ACL elite    JK Rowling in 'arrest me' challenge over hate crime law    Trump's Bible endorsement raises concern in Christian religious circles    Hollywood icon Will Smith shares his profound admiration for Holy Qur'an    We have celebrated Founding Day for three years - but it has been with us for 300    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Rich shelve CO2 cut plans as economies decelerate
Published in The Saudi Gazette on 28 - 11 - 2008

Many industrialized nations are shelving ambitions for the deepest cuts in greenhouse gas emissions by 2020 as economic slowdown overshadows the fight against climate change.
About 190 countries meet for UN climate talks in Poznan, Poland, next week with scant mention of a deal in Vienna last year by almost all rich nations to consider cuts in emissions of 25-40 percent below 1990 levels by 2020.
“That target is perhaps something that's on the back-burner for the time being,” said Rajendra Pachauri, head of the UN Climate Panel that said last year that industrialized nations needed to make such cuts to avoid the worst of warming.
Struggling with the worst financial crisis since the 1930s, everyone from US President-elect Barack Obama to European leaders are focusing more on stimulus packages that should help a shift from fossil fuels by creating “green” jobs.
Pachauri said world leaders might find it easier to discuss ambitious cuts in a few months, “after the dust settles” from the financial crisis. Poznan will review progress towards a new climate treaty to be agreed by the end of 2009 in Copenhagen.
But he also told Reuters: “If we want to limit temperature increase to 2 Celsius (3.6 F), or thereabouts, then clearly (25-40) is the target we should be watching.”
Two Celsius is seen by the EU, some other nations and many environmentalists as a threshold for “dangerous” climate change - disrupting water supplies, farming and causing more coastal floods from rising sea levels.
“Only the EU and Norway” have discussed cuts within the 25-40 percent band, said Harald Dovland, a senior Norwegian official who chairs a UN climate committee in Poznan looking at future pledges by industrialized nations.
The idea of 25-40 percent cuts was always a stretch.
But the Vienna agreement is likely to haunt many - deep cuts by rich nations are often brandished by developing nations such as China and India as a pre-condition for the poor to start curbing their own rising emissions.
And the EU's target only reaches Pachauri's band because the 27-nation bloc has offered to cut emissions unilaterally by 20 percent below 1990 levels and by 30 percent by 2020 if other nations follow suit. The 30 percent path, analysts say, looks ever more unlikely.
Obama's United States, Japan and Canada plan cuts that would return their emissions to around 1990 levels by 2020. Australia will announce a 2020 goal before Poznan. Russian emissions are far below 1990 levels after the collapse of Soviet-era industry.
The EU, which sees itself as a climate leader, is struggling to carry through its unilateral goal and is handing concessions to heavy industry before a Dec. 11-12 summit meant to seal the pact over objections from Italy and Poland.
Dovland said the jury was still out on the final impact of the financial crisis.


Clic here to read the story from its source.