EU's Barroso expects more US offer to cut emissions

European Commission President Barroso said he expected the United States would raise its offer to cut climate-warming emissions at U.N. talks.

EU's Barroso expects more US offer to cut emissions

European Commission President Jose Manuel Barroso said on Thursday he expected the United States would raise its offer to cut climate-warming emissions at U.N. talks in Copenhagen.

"I really expect them to announce something more," Barroso told reporters. "President Obama is not coming just to reiterate what is in their draft legislation."

U.S. Secretary of State Hillary Clinton tried to break a deadlock in the talks earlier on Thursday with a pledge to help mobilise $100 billion a year by 2020 to assist poor nations, but made no further offer on emissions cuts.

Clinton made the dramatic announcement with less than two days remaining for a United Nations summit aimed at reducing global emissions of carbon dioxide pollution linked to climate change.

The United States has pledged to cut emissions to 17 percent below 2005 levels over the next decade, equating to about 3 below the 1990 benchmark used by the U.N..

Barroso said that talks with other leaders had given him confidence that rich nations would agree to give $10 billion a year to poor nations in the three years before the climate deal takes effect in 2013.

The move is aimed at helping those countries prepare for the impacts of global warming, cut their own emissions growth and show that rich nations can deliver more than just words.

"From my contacts with many partners, I'm hopeful we'll reach the target of $10 billion," Barroso said.

The European Union has pledged around $3.5 billion a year from 2010-2012 and Japan said on Wednesday it would raise its support to around $5 billion a year in public and private finance.

Reuters
Last Mod: 17 Aralık 2009, 22:52
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