EU agrees 100billion euros a year required to reverse climate change

30 10 2009

According to the Green bloc within the European parliament, the failure of the EU to commit to a fixed annual contribution for developing nations is a ‘calamitous result for climate change.’  I disagree. The EU is setting a precedent for others to follow. If the US can be persuaded to pledge a significant percentage of the proposed 100 billion euros over the coming weeks, the EU may then commit to a fixed rate contrbution. Dialogue is key.



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