Wednesday 13 May 2009

China calls for deeper CO2 cuts from developed nations

Reuters, Wednesday May 13 2009
BEIJING, May 13 (Reuters) - China on Wednesday called on developed countries to commit to CO2 emission cuts of 25-40 percent during the upcoming U.N. Climate Conference at Copenhagen, an official with China's National Development and Reform Commission (NDRC) said on Wednesday.
China also is proposing to establish a specific financing mechanism for technology transfers, said Li Liyan, an official with the Climage Change Office of the NDRC, China's chief economic planning agency.
"The success of Copenhagen needs strengthened and deeper cuts and more aggressive targets from developed countries," she told a conference in Beijing.
(Reporting by David Stanway and Tom Miles; Editing by Ken Wills)