- The Washington Times - Saturday, December 19, 2009

COPENHAGEN (AP) — The U.N. climate conference has ended after two weeks of intense wrangling, accepting a new U.S.-brokered deal that offered billions to help poorer nations adjust to global warming but did little to cut emissions of greenhouse gases.

The 193-nation conference — the largest, most important climate meeting in history — was gaveled to a close at 9:26 a.m. EST (3:26 p.m. GMT) Saturday, ending a 31-hour negotiating marathon.

Its last major action was considering the Copenhagen Accord, product of closed-door summit bargaining Friday between President Barack Obama and the leaders of China and other major developing nations.

Under the accord, richer nations pledge $10 billion a year in climate aid for three years, and set a goal of much more money eventually. The accord also envisions deeper cuts in big polluters’ greenhouse gas emissions, but does not impose limits.

Associated Press writers Michael Casey, Jennifer Loven, Arthur Max, Charles J. Hanley, Seth Borenstein and Karl Ritter contributed to this report.

LOAD COMMENTS ()

 

Click to Read More

Click to Hide