Source:
USA Today, todayBEIJING (AP) — China said Tuesday richer countries should set aside 1% of their gross domestic product to help poorer nations fight global warming.
China has long called on developed countries to shoulder what it says is their historic burden to reduce emissions of greenhouse gases, such as carbon dioxide, that are chiefly responsible for causing a rise in global temperatures. But the latest remarks by a senior Chinese climate official were the first to propose specific demands on rich countries.
"The funds that developed countries provide for developing countries to deal with climate change should represent approximately 1% of the GDP of the developed countries," said Gao Guangsheng, who heads the climate change office at the National Development and Reform Commission, China's top economic planning body.(snip)
China now generates a large share of the world's greenhouse gases, with some experts saying it has already overtaken the U.S. as the world's No. 1 emitter.
Read more:
http://www.usatoday.com/news/world/environment/2008-10-28-china-global_N.htm?csp=34
So they have crapped the bed and now want to "soak the rich" to clean it up? No where do they seem to be willing to contribute.
FTA:
China, India and other large developing countries signed the accord but refused to accept a binding agreement that they said would limit their development and their ability to ease poverty at home.