It would be
spent on cutting emissions by providing green technologies, and on enabling countries to adapt to more frequent fierce storms and rising sea levels.
Environmental groups have welcomed today's climate change bill as a «huge step forward» - although warned it must include tougher
targets on cutting emissions.
Mr. Moosa's comments came ahead of climate - treaty talks in December in Poznań, Poland, that are aimed at pushing forward negotiations on a new global
agreement on cutting emissions — and where concerns about allowing emerging economic superpowers like China and India to pollute as much as Western countries is almost certain to be a key stumbling block.
CNN: The Group of Least Developed Countries, a key partner in the long - running United Nations climate talks, has told the Climate News Network it is willing to agree a core demand of the industrialised world
on cutting emissions of greenhouse gases.
Two relevant earlier Dot Earth posts explore the basics of Bali and troubles with Kyoto, along with efforts within the United States to
move on cutting emissions.
Both the Treasury and the Department for Business, Innovation and Skills appear concerned that moving
quickly on cutting emissions could damage Britain's economy.
For some insights on the need to adapt to this reality, even as
policies on cutting emissions are crafted, read or listen to an interview conducted by Tom Yulsman, an old friend and journalism professor at the University of Colorado, with Jim White, a climate specialist there who just returned from Greenland.
One, written by two Brookings Institution fellows, presents a menu of nine ways to build political support in both countries for sustained
cooperation on cutting emissions.
What will prove to be more pressing at the Cancun climate change talks, therefore, will not be agreeing on an end goal, but on coming to a consensus on how to move forward at all, with ensuring nations make some sort of
deal on cutting emissions from airplanes and shipping among the top priorities in the days ahead.
Despite this modest record on climate rules, it's common to hear it claimed that the US is leading the
way on cutting emissions because of shale gas.
The U.S. and EU so far have resisted making more commitments on aid, partly because of their own economic difficulties and partly because they want aid to flow along with commitments from poorer
nations on cutting emissions.
Despite widespread criticism of the Government's decision last month to defer its
decision on cutting emissions until next year, the chairman of the Intergovernmental Panel on Climate Change said yesterday he agreed with the approach.
Eisenberger and Chichilnisky were colleagues at Columbia in 2008 when they realized that they had complementary interests: his in energy, and hers in environmental economics, including work to help shape the 1991 Kyoto Protocol, the first global
treaty on cutting emissions.
His comments are being seen by some commentators as a shift in the US administration's approach to climate change, and as such raise hopes that it is closer to signing up to an international
agreement on cutting emissions to replace the Kyoto protocol in 2012.
First, do not give up
on cutting emissions, says Brian Hoskins of Imperial College London.