Thursday, May 21, 2009

China calls for 20pc emissions cut

ABC News Online, Posted Thu May 21, 2009

China has told rich nations they should cut their greenhouse gas emissions by at least 40 per cent by 2020 from 1990 levels, as part of a new global climate change pact.

The pact must ensure wealthy nations "take on quantified targets to drastically reduce emissions", the statement said, issued by China's National Development and Reform Commission, which steers Chinese climate change policy.

Developed countries should also give 0.5 to 1 per cent of their annual economic worth to help other nations cope with global warming and curtail greenhouse gas emissions, China said in the document, laying down demands for a conference in Copenhagen in December meant to seal a new climate change pact.

The Copenhagen conference is looking to agree on a treaty that will build on the current Kyoto Protocol.

The document echoed one that Beijing submitted to the United Nations climate change body last month.

- Reuters

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