Thursday, April 3, 2008

US Cites Recession Fear in Climate Talks

BANGKOK, Thailand (AP) — U.S. negotiators at a United Nations climate conference say steep emission cuts could further rattle the world economy, especially in the developing world.

The EU has proposed that industrialized countries slash emissions of greenhouse gases by 25 percent to 40 percent below 1990 levels by 2020 as part of global climate pact. The U.S., one of the world's top polluters, has repeatedly rejected mandatory national reduction targets of the kind agreed to under the Kyoto Protocol a decade ago.

"If you push the globe into recession, it certainly isn't going to help the developing world," Harlan Watson, head of the U.S. delegation in Bangkok, told The Associated Press Wednesday. "Exports go down, and many of the developing countries of course are heavily dependent on exports. So there's a lot of issues which need to be fleshed out ... so people understand the real world."

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