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	<title>Financial Communique &#187; Copenhagen</title>
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		<title>No hopes for soon agreement on emissions</title>
		<link>http://financial-com.info/2009/12/no-hopes-for-soon-agreement-on-emissions/</link>
		<comments>http://financial-com.info/2009/12/no-hopes-for-soon-agreement-on-emissions/#comments</comments>
		<pubDate>Mon, 07 Dec 2009 14:58:25 +0000</pubDate>
		<dc:creator>Viliyana Filipova</dc:creator>
				<category><![CDATA[Crude Oil Price]]></category>
		<category><![CDATA[World Finances]]></category>
		<category><![CDATA[agreement]]></category>
		<category><![CDATA[Barack Obama]]></category>
		<category><![CDATA[Copenhagen]]></category>
		<category><![CDATA[emissions]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[Europe]]></category>
		<category><![CDATA[European union]]></category>
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		<category><![CDATA[negotiations]]></category>
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		<description><![CDATA[The European Union today rejected new emissions targets proposed by the United States and China, on the ground that are too low to prevent catastrophic climate change, forward Journal Times. The dispute between the three main forces of the summit on climate change in Copenhagen darkened first day of negotiations and shattered hopes that will [...]]]></description>
			<content:encoded><![CDATA[<p><a title="Emissions" href="http://financial-com.info/wp-content/uploads/2009/12/Emissions.jpg"><img class="alignleft size-thumbnail wp-image-125" style="border: 1px solid black; margin: 5px;" title="Emissions" src="http://financial-com.info/wp-content/uploads/2009/12/Emissions-150x150.jpg" alt="Emissions" width="150" height="150" /></a>The European Union today rejected new emissions targets proposed by the United States and China, on the ground that are too low to prevent catastrophic climate change, forward Journal Times. The dispute between the three main forces of the summit on climate change in Copenhagen darkened first day of negotiations and shattered hopes that will soon be reached on emissions. The EU has called U.S. President Barack Obama to announce higher goals next week when he will come to Copenhagen for the last day of the conference &#8211; 18th December. Representatives of the United States, however, insist that the proposed emission occurs before 10 days after Barack Obama was &#8220;remarkable&#8221; and in line with the recommendations of scientists. Obama suggested the United States emissions to be reduced by 4 percent compared to 1990 levels until 2020 did the EU have committed to cut emissions by 20 percent over the same period. Moreover, the EU is committed to the reduction to 30 percent if other countries are ready to take &#8220;such action&#8221;.<br />
<span id="more-124"></span>Andreas Karlgren, Minister of Environment of Sweden and the EU&#8217;s chief negotiator, said that proposed by the United States and China targets are too low can be defined as &#8220;similar acts&#8221;, so the EU would not confirm its goals.</p>
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