“The proposals on the table are riddled with loopholes so its not surprising that current targets will do nothing to protect the world from climate disaster,” said Asad Rehman, Friends of the Earth’s international climate change campaigner.
Analysis seen at Bonn climate talks shows rich nations could use carbon accountancy tricks to increase their emissions by up to 8%
Developing countries were today shocked by new UN data showing that rich nations will be able to increase their carbon emissions by up to 8% if they take advantage of a series of major loopholes in their pledges.
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Instead of reducing emissions by a minimum of 30-40% by 2020 and holding temperatures to a rise of 2C – as many campaigners hoped the Copenhagen climate summit in December would achieve – many rich countries would not need to make any domestic cuts to stay within the legal limits of a new global climate deal being negotiated at resumed UN talks in Bonn this week.