US, Australia, Pledge Millions To Promote Fight Against Global Warming

[hatrack]

:rofl: :rofl: :rofl: :rofl: :rofl:

Yes, that's an actual headline, and I can see Dr. Evil saying it - "I pledge - MILLIONS of dollars!!"

SYDNEY, Australia — Six of the world's biggest polluters endorsed a voluntary plan Thursday that they claim will reduce their greenhouse gas emissions 30 percent by 2050, but environmentalists called it an empty promise that will only benefit big business. the United States and Australia pledged a combined US$127 million (euro105 million) to help finance the six-nation Asia Pacific Partnership on Clean Development and Climate. The partnership's plan calls for reducing greenhouse gas emissions by promoting renewable energy sources and cleaner ways to use coal but avoids setting targets for reducing emissions.

The group also consists of rapidly expanding, energy-hungry nations China and India, as well as South Korea and Japan. Together, the six countries produce half of the greenhouse gas emissions worldwide. The top U.S. delegate said the group, which has called itself AP6, would tackle global warming blamed for rising sea levels and increasingly severe weather events like the hurricanes that lashed the United States last year, while not curbing economic growth.

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But environmentalists disputed the study, and claimed the AP6 plan would cause greenhouses gases to rise 100 percent by 2050. "There couldn't be anything more irresponsible than to knowingly embark on a path toward massive increases in emissions and runaway global warming," WWF-Australia CEO Greg Bourne said.

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Environmentalists said the the group was focusing too heavily on untried technologies to prop up the fossil fuel industry, and not enough on renewable energy sources. "Thanks to the work of the Australian and U.S. governments, the delegates to this meeting have agreed to continue the coal trade while watching greenhouse pollution double by 2050, and they have the gall to call that climate protection," Greenpeace climate campaigner Catherine Fitzpatrick said in a statement.

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http://www.enn.com/today.html?id=9656