---
Sent From Bloomberg Mobile MSG
+------------------------------------------------------------------------------+
Climate Treaty Won't Be Reached in Cancun, Mexico Minister
2010-09-28 18:37:55.782 GMT
By Carlos Manuel Rodriguez
Sept. 28 (Bloomberg) -- The United Nations climate talks
summit in Cancun in November isn't expected to produce a binding
global treaty and will be "no more than another step in
negotiations," Mexico's environment minister said.
"We did not intend to reach a binding agreement, because
just to get the political consensus on the definition of
'binding' would take years," Mexican Environment Minister Juan
Elvira Quesada told reporters today in Mexico City. "We don't
believe that now is the best moment."
Negotiations aimed at limiting carbon dioxide emissions set
to resume in November in Cancun have been bogged down by
conflicts over money for poor countries to adjust to climate
change and greenhouse gas limits for countries such as China and
India. Last year, the Copenhagen summit produced a non-binding
accord even after more than 100 world leaders including U.S.
President Barack Obama tried to hammer out a deal.
Mexico would like to see the creation of a global agreement
to protect the forests and to create standards for large
construction projects such as refineries to cut greenhouse gas
emissions, Elvira said.
Mexico's delegates are also trying to secure disbursement
of the $30 billion of climate aid that the developed countries
pledged last year to poorer nations, Elvira said.
Evidence of payment will be needed at the UN's annual end-
of-year climate negotiations in Cancun in November and December,
Christiana Figueres, the new United Nations climate chief, said
last month in Bonn. About $10 billion should be paid out this
year, a third of the total which covered the years 2010, 2011
and 2012, she said.
For Related News and Information:
Link to Company News: 1232Z MM <Equity> CN <GO>
Top Stories: TOP <GO>
Top energy news: ETOP <GO>
BP results by region: BP/ LN <Equity> PGEO G <GO>
Link to Transocean news: RIG US <Equity> CN <GO>
--With assistance from Alex Morales in London. Editors: Robin
Saponar, Carlos Caminada
To contact the reporter on this story:
Carlos Manuel Rodriguez in Mexico City at +52-55-5242-9252 or
carlosmr@bloomberg.net
To contact the editor responsible for this story:
Dale Crofts at +54-11-4321-7735 or
dcrofts@bloomberg.net.
