Tensions Increase as Poor Nations Stage a Protest - WSJ.com
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One possibility is a very general agreement in which developed countries promise to try to reduce their collective emissions by some amount and to provide a pot of money to help pay for a cleanup in the developing world...
At the heart of the disputes in Copenhagen are
sharp disagreements over money....
The European Union has pledged a total of €7.2 billion ($10.52 billion) between next year and 2012 to jump-start efforts to curb emissions in developing countries. Officials from developing countries have called that offer inadequate.
"We need to see developed nations give us a plan of what [financial] transfers will come in five years, 10 years and how much over the years ahead, and we aren't seeing that," said Mamadou Honadia, who is part of the negotiating team for Burkina Faso.
A Nigerian delegation official said the EU offer of short-term funding was "pathetic
Climate Drama Climax Looks Elusive in Copenhagen - ABC News
Agreeing on how much rich countries should pay for poor nations' clean energy technology and for seawalls, irrigation and other projects to counter a changing climate.
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"I think the United States needs to come up with $2.5 or $3 billion to put on the table for an immediate jump start," reporters were told last week by U.S. Sen. John Kerry, the Massachusetts Democrat sponsoring the first legislation capping U.S. emissions
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Recognizing an obligation by the rich to undo the climate damage they've done,