Copenhagen the great climate wealth transfer
India announced that they will not be bound by any deal struck in Copenhagen. But they would be willing to accept financing and technology transfers.
India will not sign binding emission cuts-minister | Reuters
Saudia Arabia is also looking for handouts.
Quote:
As the world’s leading oil producer, Saudi Arabia has previously fought attempts to agree curbs on emissions, and has also argued that it should receive financial compensation for “lost” revenue, given that constraints on emissions might restrict oil sales.
BBC News - Climate e-mail hack 'will impact on Copenhagen summit'
Indonesia is looking for compensation for NOT cutting down it's forests.
Nature Alert: Riau Seeking Compensation From Advanced Countries
What they all mean of course is they are waiting to see what Santa Obama brings to the table. Connie Hedegaard,Europe's first climate commissioner said :
Quote:
“What the world is waiting for now is exactly what will be the American commitments to reduce their emissions,” Hedegaard said and added the world also wanted to know “what kind of financial contributions would come from the American side.”
“There, President Obama could be very helpful if he has something in his pocket … when he comes to Copenhagen. I think it would be very useful.”