Cancun outcome at a glance

KYOTO PROTOCOL IN DANGER The Cancun Agreement on Long-Term Cooperative Action (LCA) has jeopardised the Kyoto Protocol. What’s more, key decisions on what should be the second commitment period (2017 or 2020), what should be the base period from which emissions reduction targets should be measured (1990, 2000 or 2005), what emission reduction targets should be set for countries individually and as a whole, and should the targets be mid-term, long-term or both, have been deferred till Durban summit next.

New approach to CDM

Will generate large amounts of carbon credits at little cost

Developing conflict

A routine meeting of the subsidiary body for scientific and technological advice (SBSTA) in Bonn took an unexpected turn. Saudi Arabia and Brazil, both members of the G-77 and China combine, locked horns over the kind of projects that should be allowed under the Clean Development Mechanism (CDM).

“Not in my lifetime”

NOTHING characterized the stalemate at Bonn climate talks more than the candid admission by incoming executive secretary of the UN Framework Convention on Climate Change. Christiana Figueres of Costa Rica, in an informal chat with media, said she did not think a complete climate deal could be reached in her lifetime.

Copenhagen According to USA

Copenhagen climate talks were indeed historic. For their failure. In Bali in 2007, negotiators laid out the roadmap for a deal and gave themselves two years. The formula was simple and ethical: rich countries would cut emissions by 40 per cent below 1990 levels, by 2020, and put new money on the table. In exchange, emerging economies would join the effort, reducing emissions growth at home enabled by finance and technology from industrialized countries.

December In Copenhagen

US climate bill clears one hurdle Unlikely to pass before Copenhagen

Genesis of Kyoto

The United Nations Framework Convention on Climate Change (UNFCCC) was adopted in 1992. The UNFCCC provides a framework to stabilize greenhouse gases at a level that would prevent dangerous anthropogenic (human induced) interference with the climate system.

Kyoto diary

December 11, 1997: Kyoto Protocol adopted with legally binding emission reduction targets for developed countries. November 1998: The Byrd-Hagel resolution unanimously passed by the US Senate rejecting Kyoto 2001: The Third IPCC report presented the worst case scenario with the average global temperatures rising by 6 degrees Celsius within a century

Kerry-Boxer doesnt pack a punch

The US Senate is debating a draft bill that would legislate domestic action on climate change, the Clean Energy Jobs and American Power Act. It is also called the Kerry-Boxer bill in reference to its co-sponsors, Senators John Kerry and Barbara Boxer. The bill is a successor to the American Clean Energy and Security Actalso known as the Waxman-Markey billwhich was passed in June this year in the US House of Representatives.

Cheating and dishonestly inducing delivery of property

whoever cheats and thereby dishonestly induces the person deceived to deliver any property to any person, or to make, alter or destroy the whole or any part of a valuable security, or anything which is signed or sealed, and which is capable of being converted into a valuable security, shall be punished with imprisonment of either description for a term which may extend to seven years, and shall also be liable to fine. -Section 420 of the Indian Penal Code, 1860 Dishonesty hit the atmosphere