What a cluster!
Failure In Madrid As COP25 Climate Summit Ends In Disarray
Negotiations at a U.N. climate summit in Madrid broke down today as the two-week meeting ended without a crucial agreement on the global carbon market rules of the Paris Agreement.
After extending the two-week summit for an additional two days, the world’s countries agreed a text with vague pledges to enhance their Paris emissions reductions targets. But the watered-down text reflects a failure to agree on the key outcomes that were needed at the summit: setting a rulebook for the Paris Agreement and designing a global carbon market.
"Once again, no progress has been made to bring countries more in line with the 1.5 degrees target of the Paris Agreement,” said Bas Eickhout, a Dutch member of the European Parliament who has been part of the EU’s delegation at the negotiations. “Very strict rules are an absolute necessity and old untrustworthy CO2-credits have to be scrapped. That has not happened in Madrid, the summit ended without a deal.”
https://www.forbes.com/sites/davekea.../#539bb7813d1f
Negotiations at a U.N. climate summit in Madrid broke down today as the two-week meeting ended without a crucial agreement on the global carbon market rules of the Paris Agreement.
After extending the two-week summit for an additional two days, the world’s countries agreed a text with vague pledges to enhance their Paris emissions reductions targets. But the watered-down text reflects a failure to agree on the key outcomes that were needed at the summit: setting a rulebook for the Paris Agreement and designing a global carbon market.
"Once again, no progress has been made to bring countries more in line with the 1.5 degrees target of the Paris Agreement,” said Bas Eickhout, a Dutch member of the European Parliament who has been part of the EU’s delegation at the negotiations. “Very strict rules are an absolute necessity and old untrustworthy CO2-credits have to be scrapped. That has not happened in Madrid, the summit ended without a deal.”
https://www.forbes.com/sites/davekea.../#539bb7813d1f
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