Thursday, December 17, 2009

USa decides to consider a pledge with other "rich" developed countries to finance moving "poor' countries to higher ground in the future...


News Alert from The Wall Street Journal

U.S. Secretary of State Hillary Clinton has announced that the U.S. is prepared to join other rich countries in raising $100 billion in yearly climate financing for poor countries by 2020.

The announcement could give a boost to deadlocked climate talks,
which have faltered over disputes between rich and poor countries over emissions cuts and climate financing.

http://wsj.com/?mod=djemalertNEWS

Follow reports from Copenhagen at:
http://blogs.wsj.com/environmentalcapital/

FD: if you are interested in how all this plays out in the future, pick up a copy of Blue Mars: http://www.librarything.com/work/17623/reviews/

AND you can read some of it on Google Books:
http://books.google.com/books?id=Y0-3B8x7R1gC&printsec=frontcover&cd=1&source=gbs_ViewAPI#v=onepage&q=&f=false

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