Sentences with phrase «new global deal»

Chancellor Alastair Darling was today forced to rein in his hopes for a recession - beating «new global deal» next month, after Washington said it would not be negotiating a «specific commitment» at the G20 meeting.

President Obama and Chinese President Xi Jinping struck a historic climate change agreement in Beijing last night, vowing that the world's two largest emitters of greenhouse gases will each undertake steep cuts in the coming decade and will work together toward a new global deal.

Noting that China has never before agreed to top out its emissions, Obama said he hopes the world's two largest economies can steer other countries toward a new global deal at the Paris conference.

«We stand ready to engage proactively in the negotiations of the finance provisions of the Paris outcome,» they said, referring to the U.N. conference in December where governments are due to agree a new global deal to tackle climate change.

So it looks like the US's domestic politics will once again dictate the parameters of any new global deal.

Public pressure won't be enough to secure a new global deal, however.

It is set to return to the spotlight within the next three years as climate envoys will need to decide how to handle unused permits in a new global deal they want to iron out by 2015.

4) A new global deal to phase out HFCs.

3) A new global deal on aviation emissions.

Nicholas Stern, lead author of the 2006 Stern Review on the economics of climate change, says the US / China announcement will give momentum to a new global deal on climate due to be negotiated in Paris late next year.

The respondents also warned that a deep recession would make a new global deal on climate harder to achieve.

Canada's contribution is significant because the country has been seen as one of the main obstacles to agreeing a new global deal in 2015.

The document in question is what's known as a negotiating text, and in this case it contains a whole grab bag of aspirational long - term goals... It is a very early version of what, over the course of the next 12 months, will morph into a new global deal to be signed in Paris... But if language such as «full decarbonization by 2050» were to become a reality, it basically defines an end point for the fossil fuel energy industry as we know it...

Countries are due to announce their targets by the end of March 2015 as part of the UN Framework Convention on Climate Change's ongoing efforts to garner support for a new global deal.