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Clinton: Carbon market ‘is going to take off
Dec. 9, filed by Emily Church, editor Reuters.comMONTREAL — The U.S. stood alone in resisting new international talks on ways to combat climate change. “The current text is unacceptable,” chief U.S. negotiator Harlan Watson told Reuters of a Canadian proposal to launch of a new dialogue. “We are talking to see what might be acceptable.”Even without a deal on the Canadian proposal, Kyoto countries are hoping to announce an agreement in Montreal to launch negotiations from May 2006 about a second phase of the protocol. Russian objections were holding up a deal.Earlier Friday, the American delegates were not in sight as Bill Clinton told representatives from some 190 countries that “there is no longer any serious doubt that climate change is real, accelerating and caused by human activity” and that the Bush administration was “flat wrong” to reject the Kyoto accordThe former president’s arrival ended any hope the American delegation may have had for a lower U.S. profile on the last day of talks. The U.S. climate negotiator walked out earlier this morning as the marathon session turned toward future commitments to talk on climate policy, declaring a “duck is a duck.” The remark prompted the National Environmental Trust to buy around 150 ducks – all they could find in Montreal – to hand out to delegates. Nations are poised to agree to begin work on extending the Kyoto Protocol past 2012 without the U.S.“I don’t know if it will have an impact, but I like what he said,” said Grant McVicar, a member of the Canadian delegation, after listening to Clinton. The former president galvanzied proponents of the fledgling market in greenhouse gas emissions by underlining the economic benefits of green policy. “The carbon market is going to take off as long as we don’t walk away from it,” he said.Urging delegates to work on green projects back home, Clinton said, “If we can’t get to targets, let’s all pretend we have a job and have to do something.” The former president cited the opportunity to rebuild New Orleans as America’s “first green city.”
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