Some 150 world leaders are attending meetings in New York City for the landmark 70th United Nations General Assembly. One of the key achievements of the session, following Secretary-General Ban Ki-moon’s mini global-warming summit, is that much-needed momentum is building a new climate-change treaty that aims to be finalised in Paris in December.
The negotiations have been catalysed by major announcements in recent days by three of the world’s largest economies: China, India and the United States. Most prominently, Chinese President Xi Jinping and US President Barack Obama released on Friday a common vision document for securing a new global climate treaty in December, underpinned by a pledge that China will launch in 2017 a national carbon emission trading system covering power generation, steel, cement and other key industrial sectors...............................................Full Article: Source |