BBC environmental correspondent Richard Black is reporting on a new environmental proposal “to rival Kyoto” to be promulgated by the US and Australia as early as Thursday. The proposal would focus on free technology transfer and includes rapidly-growing China and India as sponsors. At first glance this seems much more promising than Kyoto, which barely got any votes in Congress from either side of the aisle, despite the brouhaha.
Australia’s Enivronment Minister Ian Campbell said: “We’re going to have a 40% increase in emissions under the Kyoto Protocol, and the world needs a 50% reduction. We’ve got to find something that works better.”