Business Standard
Sunday, May 27, 2012
Sponsored by  
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Commodities
 

Climate not an issue for small nations only: EU
BS Reporter / New Delhi Feb 07, 2010, 00:11 IST

Reiterating its stance on climate change and formalising support for the Copenhagen Accord, the European Union (EU) today said climate change was not an just an issue concerning small countries but was a global threat.

Teresa Ribera“Climate change is not just the responsibility of a small group of countries. We do not want to impose our solutions on anyone,” Teresa Ribera, Spain’s secretary of state for climate change and president of the EU Council of Environment Ministers, said while addressing a conference here today.

Expressing relief on the fact that the BASIC countries were working together on the issue, she said, “India and China are fully committed to the Copenhagen Accord and trust each other.”

Noting that the growth in demand for energy, especially in big emerging countries, was impressive, Ribera said the challenge for those countries was when to make a big offer.

This comes after the EU formally notified its willingness to be associated with the accord. It also submitted the EU’s established greenhouse gas emissions reduction targets for 2020. According to the agreement, there will be a unilateral commitment to reduce EU’s overall emissions by 20 per cent from 1990 levels. Additionally, there will be a conditional offer to increase this cut to 30 per cent, provided other major emitters agree to take their fair share of responsibility.

On the failure of climate talks in Copenhagen, she said, “Copenhagen was an important milestone, though it did not achieve much. Nobody in particular can be blamed for the failure. Everyone could have done better.”

EU offers support to IPCC
Following the glacier goof-up, the European Union (EU) has offered help to the Inter-governmental Panel on Climate Change (IPCC) for improving its quality control process. In such lengthy reports, there could be some factually misleading data, said Ribera. However, she said there was a need to deal with the methodological issues. Ribera also stressed the need for more transparency in the IPCC system.

Supporting the panel, Ribera said the challenges before IPCC were huge and one mistake could not be a basis to challenge its general content.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end flat
- Weak rupee may bring cheer to NRIs, expats
- LIC buys PSU stocks, sells pvt sector blue-chips in Q4
- Banks may lower deposit rates as inflation eases: Report
- RInfra sees 3-fold rise in infra revenue this fiscal
  Read Business news in 
- Journey on, We are by Your Side. Click here to know more
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Leader in Passenger Car & Automobile Tyres. Click here
- 1 billion in saving for Unilever without any tangles.
- Learn How One City is Running on FOOD SCRAPS.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- 36 Lakhs can get you a pool of Luxuries. Click here
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- India to guarantee safe gas transit from Tapi
- Pak players likely to be part of IPL 2013
- Air India pilots wanted a halt to command training of IA pilots
- EGoM to now decide on base price for spectrum auction
- New power equation in BJP
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  Hot Searches  
 
Apalya |  Air India |  GAAR |  Agni  |  Solar eclipse |  Satyamev Jayate |  SRK |  Aamir Khan |  IPL |  Ertiga |  Sarfaesi Act |  Vodafone |  JP Morgan |  Transfer pricing |  Rupee |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us