Green Options

Apart of a steady flow of aid money to poor nations, the UN must ensure that the quality of the emission reductions improves under the next climate treaty by including new evaluation and reporting methods.

China, while indicating that it is ready to accept sectoral carbon emission cuts, has unveiled plans to build massive coal reserves in order to avoid counter any shortages in the near future.

With mounting pressure from US and promise of assistance by EU, China has indicated that it is ready to cooperate on an international deal to reduce carbon emissions.

With no consensus on a global carbon tax, the world leaders must try to negotiate a global carbon labelling law as it would make countries around the world responsible for their share of emissions, hopefully making them take bold measures to control them.

Amid increasing calls for a global carbon tax to check carbon emissions, a new bill proposing a nation-wide carbon tax has been introduced in the US Congress.

EU wants to include a $200 billion climate tax on developed nations in the next climate treaty but is it the right step forward given the global economic conditions. It’s time to include countries like India and China in a long-term climate solution and ask them to shoulder greater responsibilities in the fight against Climate Change.

The UNFCCC wants to make the next climate treaty a success but in order to do that it must bring transparency and accountability into the carbon credits trading mechanism.