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Most climate experts will agree that in order
for major climate changes to take place for the better, leading greenhouse
gas emitters - the U.S. and China - are going to have to iron out their
differences and get on with making a pact that calls for significantly lower
carbon output levels.
This was clearly evident at the recent Asia-Europe (ASEM)
meeting in Beijing, where talks about climate change were on the main agenda
with world leader's.
As reported by the Environmental News Network, former
British Treasury economist and climate expert, Nicholas Stern, says that if
differences can be mended, it is highly likely a deal can be made in
Copenhagen next year, calling for a 50% cut in carbon emissions by the year
2050. Even with harder economic times, Stern warns that not addressing the
current global warming crisis (i.e., funding green energy technologies and
more public transportation), the world economy could fall into a Great
Depression of its own. In other words, the climate crisis is just as
important as the current financial crisis.
Both the U.S. and China have
seeming acknowledged this possibility of a global depression, and both
countries will act as deal breakers during the global climate pact in
Copenhagen.
Stern predicts that with a new
presidential administration in the U.S. and China's
admittance that carbon growth needs to be minimized, a
promising climate pact in Copenhagen is highly likely to
go down.
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