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Rich countries give up on climate treatyAhead of the UN Climate talks in Durban next week, most of the world's leading economies now privately admit that no new global climate agreement will be reached before 2016 at the earliest. The eight-year delay is the worst contemplated by world governments during 20 years of tortuous negotiations on greenhouse gas emissions, and comes despite intensifying warnings from scientists and economists about the rapidly increasing dangers of putting off prompt action. Next year marks the expiry of the current provisions of the Kyoto protocol, the only legally binding international agreement to limit emissions. The UK, European Union, Japan, US and other rich nations are all now united in opting to put off an agreement and the United Nations also appears to accept this. |
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