UN’s Durban climate deal falls short – German chem trade group

12 December 2011 01:39  [Source: ICIS news]

Climate deal falls short - GermanyLONDON (ICIS)--The outcome of the Durban climate change conference in South Africa has fallen short of the expectations of Germany’s chemical industry, a trade group said on Sunday.

Participants at the the UN climate conference at Durban on Sunday agreed to extend the life of the Kyoto treaty and to put in place a new binding climate change accord by 2015 which will take effect on 2020.

“[That deal] is not enough for Germany's chemical industry,” said Utz Tillmann, general manager of Frankfurt-based Verband der Chemischen Industrie (VCI), in a statement.

In particular, it remained unclear exactly “how binding” the yet-to-be agreed new deal will be, he added.

“What Germany's chemical producers need is a fair deal that sets down the same framework of conditions for all major greenhouse gas-emitting countries,” Tillmann said.

The negotiations at Durban showed that the world is not yet capable of reconciling both economic growth and climate protection, he said.

However, VCI is relieved that the Durban climate talks did not fail completely, Tillmann said.

Especially important is that large greenhouse gas emitters such as China no longer seek to block a roadmap for a new global climate change accord, he said.

By: Stefan Baumgarten
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