GlobeTracker| As climate negotiators get down to business there are multiple documents and proposals circulating Copenhagen. As for cuts in greenhouse-gas emissions:
- US, Japan & Britain must reduce by 25 percent by 2020. Current proposals promise 10-17 percent drop.
- No plan for how to finance poorer countries’ efforts, which is a key objective of the negotiations
The 27-nation European Union has pledged a 20 percent reduction and will increase to 30 percent, with cooperation from other countries. Japan also says it’ll cut by 25 percent if Copenhagen produces an agreement.
The U.S., the biggest historical emitter, says it’ll cut by about 17 percent from 2005 levels by 2020. The EUC estimates the US offer as a 3 percent reduction from 1990 levels. For more details of the day, read on in Global Futures.