BRUSSELS — European Union leaders failed to agree Friday on how much to give poorer nations to counter the effects of a warming climate — squandering the last chance that global greenhouse gas talks in December will produce real results....
>>>BRUSSELS — European Union leaders failed to agree Friday on how much to give poorer nations to counter the effects of a warming climate — squandering the last chance that global greenhouse gas talks in December will produce real results.
EU leaders pledged to pay their "fair share" into an annual global fund for developing nations — but didn't say how much they would actually contribute. They say some euro100 billion ($148 billion) is needed and that up to half of that should come from governments around the world.
Environmentalists blasted the 27-nation bloc for failing to seize a crucial high ground that could press the world's two largest polluters, the U.S. and China, toward cutting greenhouse gas emissions when a new climate change treaty is negotiated in Copenhagen less than six weeks away.
http://www.google.com/hostednews/ap/article/ALeqM5h_fkxnBI3-FZ5aibVXlv01Dc9DPwD9BLHIIG0
