4) A new UN climate treaty would limit fossil fuel use by developed countries, place no binding limits or
timetables on developing nations, and redistribute hundreds of billions of dollars to poor countries that claim they have been harmed by emissions and warming due to rich country hydrocarbon use.
The Princeton group's multi-stage formula estimates individual emissions based
on lifestyle and income rather than per capita national income — a departure from the 1992 United
Nations Framework Convention on Climate Change, which set no specific goals or timetables for emission reductions by developing nations until the developed world had found a model for low - carbon economic
Nations Framework Convention
on Climate Change, which set no specific goals or
timetables for emission reductions by
developing nations until the developed world had found a model for low - carbon economic
nations until the
developed world had found a model for low - carbon economic growth.